JPMorgan, Wells Fargo, BofA, Goldman Sachs Post Strong Q2 Results

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JPMorgan Chase & Co. (NYSE:JPM), Wells Fargo & Co (NYSE:WFC), Bank of America Corp (NYSE:BAC) and Goldman Sachs Group Inc (NYSE:GS) announced strong second-quarter results exceeding Wall Street expectations. The recent results from the top U.S. banks clearly provide sufficient pointers that the financial sector is steadily emerging from the recent economic crisis, despite challenges posed by new regulations and the slowdown in emerging markets. Goldman Sachs revenue doubled, beating Wall Street expectations Goldman Sachs Group Inc (NYSE:GS) reported a 108 percent increase in its second-quarter earnings aided by strong performance at its fixed income, currency and trading divisions. Despite…

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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