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Investment Banking: A Key Revenue Driver for Goldman Sachs

Andrew Brunton
Investment Banking: A Key Revenue Driver for Goldman Sachs

Over the past few quarters, Goldman Sachs (GS) has witnessed remarkable growth in its Investment Banking segment’s revenues. This growth was primarily driven by the increased M&A (mergers and acquisition) activities, underwriting of public offerings, and placements. The company’s Investment Banking segment’s revenues for the second quarter grew 18.0% on a YoY (year-over-year) basis and 14.0% sequentially.