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Goldman Sachs: Investment Banking Fees Rebound and Pay Hike | Explained

Goldman Sachs has reported a remarkable uptick in performance this quarter, with a 12% increase in pay allocations coinciding with a strong rebound in investment banking fees.

PHOTO: Goldman Sachs
PHOTO: Goldman Sachs

The company earmarked $4.6 billion for staff remunerations reflecting improved results, despite a reduction of about 900 employees over the same period.

The firm’s investment banking sector saw a significant resurgence,

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