Our performance demonstrates the strength of our world-class franchise in an improving operating environment. We continue to lean into our strengths - exceptional talent, execution capabilities and risk management expertise - allowing us to effectively serve our clients against a complex backdrop and deliver for shareholders.
Goldman's investment banking fees soared 20% year-on-year to about $1.9 billion. This growth reflects the effectiveness of our strategic initiatives and commitment to maintaining strong client relationships, even in challenging market conditions.
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