The bank posted strong growth in investment banking and asset and wealth management.

Goldman Sachs' third-quarter profit beat estimates, fueled by a rebound in bond sales, stock offerings and mergers, sending its shares up more than 3% in premarket trading. It joined JPMorgan Chase, which also gained from an investment banking revival,

Goldman Sachs' profit jumped 45% in the third quarter as the investment bank benefited from a rebound in dealmaking. It joined JPMorgan Chase, which also gained from an investment banking revival, as corporate clients became more confident in the economic outlook,

Now that the Fed is easing rates, Goldman may benefit as corporations that have waited on the sidelines to acquire competitors or raise funds take action.

Goldman Sachs third-quarter profits rose 45% from a year ago as a rise in dealmaking lifted the Wall Street giant.