All of us feel like we have changed a lot since 2020; but probably not as much as Goldman Sachs does. Insiders see the firm’s 2020 investor day as transformational, one in which it revealed a new transparency and client-centricity. Two pandemic-disrupted years on, the results of that strategy in a period of record-breaking capital markets activity have been extraordinary: revenues at the bank have shot up from $37 billion to over $59 billion.
This translated into both record revenues and profits from investment banking in 2021. And while all its leading competitors also did well, Goldman took a bigger share of the largest slices of a growing pie.
Shortlisted
With combined advisory, underwriting and lending revenues of $14.9
