Strong equities trading helps Goldman Sachs to solid profit
The bank said equities trading revenue rose 6% from a year ago to $2bn, the second highest in four years
16 July 2019 - 15:41
Goldman Sachs Group reported a higher-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from higher equities trading revenues and an increase in lending to companies and wealthy clients.
The bank said equities trading revenue increased 6% from a year ago to $2bn, the second highest in four years. Goldman said clients were more active than in the same period a year ago...
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