New York, Oct 14, 2025 (AFP) - Strong dealmaking boosts profits at US banking giants

NAMPA / AFP
2025-10-14
Robust dealmaking activity and strong trading results were drivers of higher US bank earnings released Tuesday as executives pointed to economic resilience despite a slowing American job market. Goldman Sachs cited a "significant" increase in completed mergers and acquisitions during the quarter, as well as heightened activity in fixed income and equity trading. The results covered performance in the third quarter, when US stocks soared to record......
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OTJIWARONGO, 13 October 2025 - The Otjiwarongo Constituency Councillor Cup came to an end on Monday with participants receiving cash, medals and a trophy from the constituency councillor, Paulus Nekundi (L) at the DRC open sports field. (Photo by: Mulisa Simiyasa) NAMPA

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