Goldman Sachs Sees ‘Upswing’ in Investment Banking to Continue

Goldman Sachs Group Inc. anticipates a continued “upswing” in investment banking over the coming year as the banking giant marks a significant milestone of advising on over $1 trillion in transactions this year.

During a post-earnings call with analysts on Tuesday, CEO David Solomon noted an uptick in investment banking activity through the summer and September, coupled with a change in perspective among corporate leaders following the earlier market turmoil this year.