The recommendation relies on the "circular economy."

The company celebrated its 25th anniversary as a public company with net earnings of $700 million in its wealth unit. The profits were an improvement from its losses last year.

Worried about the upcoming U.S. presidential election, Goldman Sachs family office clients consider hindsight options.

The Wall Street giant distinguishes its custody service by being a pioneer in allowing private equity, private credit and similar investments to be used as collateral for loans to RIA clients.

The Wall Street giant plans to use the money raised to originate, underwrite and hold loans backed by high-quality real estate.

The Wall Street giant has been moving away from providing in-house retail investment advice to finding ways it can support smaller firms.

While the deal price is expected to be immaterial, it's another piece of the consumer empire Goldman once dreamed of that the bank is now scaling back.

The New York megabank is working to deploy artificial intelligence as it seeks to make its own operations more efficient. Solomon also sees an "unprecedented" opportunity in financing clients' needs as they invest in AI.

Executives say the results show the wisdom of the firm's deliberate decision to focus on high net worth clients.

The Wall Street giant is looking to fix its place in what's project to be a $10 trillion market by 2030.