Goldman Sachs Acquires €1bn Mortgage Interests from Finance Ireland
Goldman Sachs Acquires €1bn Mortgage Interests from Finance Ireland

Goldman Sachs Acquires €1bn Mortgage Interests from Finance Ireland

News summary

Goldman Sachs has acquired key economic interests in over €1 billion of mortgages originally issued by Finance Ireland, maintaining loan servicing with Pepper Advantage Ireland to ensure continuity for borrowers. The firm reported strong Q2 2025 earnings with revenues of $14.58 billion and a 15% increase year-over-year, driven by strategic capital deployment, dominance in M&A advisory with a 71% surge in advisory revenue, and AI-driven operational efficiencies. Despite expected slow U.S. economic growth of around 1% in 2025 and rising inflation near 3%, Goldman Sachs remains bullish on equities, anticipating Federal Reserve rate cuts and benefiting from fiscal stimulus and AI investments that may support near-term growth and corporate earnings. The bank also plays a key role as sole book-running manager for SoFi Technologies' new offering, highlighting its expanding engagement in the financial services sector. Additionally, Goldman Sachs aims to double consumer deposits and triple consumer loans over five years, reflecting a broader strategy focused on growth, cost efficiency, and shareholder returns amid a challenging macroeconomic environment influenced by President Trump's tariff policies. These developments underscore Goldman Sachs' resilience and strategic positioning to capitalize on market opportunities despite economic headwinds.

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