Earnings PerformanceGoldman Sachs outperformed on earnings with a strong beat on global banking and markets top-line strength, better-than-expected asset and wealth management, and lower compensation expenses.
Regulatory EnvironmentGoldman Sachs is expected to be among the biggest beneficiaries of a more balanced regulatory environment, especially with a change in regulatory attitudes toward the capital markets business.
Strategic FocusThe leadership team's strategic shift away from a struggling consumer strategy to sharpen focus on core businesses has positively impacted shareholders.