Goldman Sachs CEO Sees 'Markedly Different Operating Environment' Entering Q2, Announces $40 Billion Stock Buyback

Goldman Sachs (NYSE:GS) reported higher first-quarter results, with revenue of $15.06 billion beating expectations at $14.81 billion. Net interest income also rose. Global Banking & Markets saw a 10% increase in revenue, while Investment Banking fees declined 8%. The company also approved a $40 billion stock buyback program and declared a dividend of $3.00 per share.