Goldman Sachs Group Inc (GS) Earnings: Profit Doubles

Mani

Published onJuly 16, 2013

Updated on May 13, 2021

Goldman Sachs Group Inc (NYSE:GS)’s second-quarter earnings doubled thanks to revenue gains from fixed income, currency and commodity trading. The top investment bank posted a 108 percent increase in its second-quarter earnings at $3.70 per share as against $1.78 reported a year ago. This surge was bolstered by the payment of preferred dividends.

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Strong Trading Revenues For Goldman Sachs

The investment bank’s fixed income, currency and trading revenue topped $2.46 billion against $2.19 billion posted a year ago, and $3.22 billion in the previous quarter.

Goldman...

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Mani

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

Goldman Sachs Group Inc (GS) Earnings: Profit Doubles

Strong Trading Revenues For Goldman Sachs

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