Goldman Sachs (GS) CEO says client activity was particularly strong in Asia, driven in part by robust AI capital formation and investment

• Raised USD 31bln in private credit in Q2.
• AI buildout in early stages.
• Investment banking backlog rose despite strong revenues, reaching highest level in five years. Underpinned by record advisory backlog management expects the advisory, financing, and capital markets business to continue growing.

CFO Says

• Expect FY fundraising alternatives to exceed USD 125bln.