Goldman Profit Jumps 45%; Stock Trading Set for Record Year

What You Need To Know

• The bank's asset and wealth management business posted revenue of $3.75 billion, up 16% from a year earlier.
• Net income jumped to $2.99 billion, or $8.40 a share; revenue climbed 7% to $12.7 billion.
• Despite notching results that topped expectations, CEO David Solomon struck a cautious note on regulators' attempts to impose stiffer capital rules on banks.