Goldman Sachs says ‘optimistic’ on overall investment banking outlook

Says global client franchise has ‘never been stronger’. Says dealmaking environment has been ‘remarkably resilient’. Says capital markets activity has also accelerated. Say ‘optimistic’ on overall investment banking outlook. Says client engagement ‘continues to be elevated’. Says continues to have ‘momentum in alternatives’ in Asset & Wealth Management. Says making ‘solid progress’ on increasing lending to ultra-high-net worth clients. Says encouraged by ‘widespread progress’ made in AI. Says currently investing in a number of use cases across the firm. Says made ‘significant progress’ on all strategic objectives. Says committed to returning capital to shareholders. Says much ‘remains uncertain’ and ultimate impact from tariffs ‘is yet unknown’. Says remains ‘very focused’ on risk discipline. Comments taken from Q2 earnings conference call.