Goldman Sachs firing on all cylinders as investment banking prowess shines 😤💸; State Street’s Q3 2024: a custody titan navigating choppy waters with alpha-bet on technology 🏦💰

FinTech is Eating the World, 15 October

Hey Everyone,

Good morning & greetings from Berlin! 🇩🇪 Today’s issue is all about finance behemoths 😤 We’re going to look at Goldman Sachs that’s now firing on all cylinders (unpacking the most important numbers, what they mean, and whether Goldman is worth your time & money in 2024 + more bonus reads & deep dives inside), and custody titan State Street which is navigating choppy waters with alpha-bet on technology (breaking down their Q3 2024 financials, what they mean & what can we expect next). So let’s just jump straight into the hot stuff 🌶️

Goldman Sachs firing on all cylinders as investment banking prowess shines 😤💸

Earnings calling ☎️ Finance giant Goldman Sachs GS 0.00%↑ just reported a 45% increase in its third-quarter profit, a sign that lower interest rates, a stable economy, and the bank’s work refocusing on Wall Street are paying off 😤

Let’s take a closer look at this, unpack the most important numbers and what they mean, and see whether Goldman is worth your time and money in 2024.