While the Middle East war has increased uncertainty, Goldman Sachs CEO David Solomon still sees an appetite for larger corporate deals

While the Middle East war has increased uncertainty, Goldman Sachs CEO David Solomon still sees an appetite for larger corporate deals

Goldman Sachs reported strong first-quarter earnings on Monday, pointing to continued client interest in dealmaking that so far has not been derailed by the Middle East War.

The New York-based investment bank scored an 18 percent jump in quarterly profit to $5.4 billion, citing a "significant increase in completed mergers and acquisitions volumes" that boosted financial advisory revenues.

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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