Goldman Sachs Posts Record Trading Revenue, Takes $2.26B Apple Card Exit Loss

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Goldman Sachs reported record trading revenue in Q4 but incurred a $2.26 billion loss exiting the Apple Card partnership, leading net revenue to decline 3% year-over-year to $13.45 billion. The firm returned $16.78 billion to shareholders and increased its quarterly dividend to $4.50 per share.

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