Goldman Sachs reports strong earnings

 
 
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Tuesday July 16 2013
 
 
Breaking news
 
Goldman Sachs reports strong earnings
 
Goldman Sachs shrugged off the market volatility that rocked Wall Street at the end of last month to report $1.93bn in net income for the second quarter, higher than forecast by analysts and more than double what it earned in the same period last year.

Revenues for the three months to July jumped 23 per cent to $8.61bn, the bank said a statement on Tuesday. The higher than expected profit equated to earnings per share of $3.70, more than the $2.89 per share predicted by analysts.
 
 
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