Tuesday 21 November 2017

Goldman Sachs profit doubles on stronger bond trading

Goldman Sachs
Goldman Sachs

GOLDMAN Sachs Group’s quarterly profit doubled as the bank made more money trading bonds before an interest-rate spike hit markets in June.

Goldman's net income rose to $1.86bn, or $3.70 per share, from $927m, or $1.78 per share, in the same quarter a year earlier.

Reuters

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