The results helped Goldman absorb a US$3 billion settlement with the U.S. Department of Justice and other regulators over its role in Malaysia's 1MDB corruption scandal.
Goldman Sachs Group Inc posted a blockbuster fourth-quarter profit that dwarfed Wall Street estimates on Tuesday, but executives warned that capital markets activity fueling results lately will probably slow down and that the bank's consumer business will take longer to get in the black.
Analysts pressed Chief Executive David Solomon and Chief Financial Officer Stephen Scherr about whether Goldman can hit profit targets they established if trading revenue declines meaningfully and if growth in Goldman's retail business, Marcus, is much slower than expected.
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