Home Business Goldman, boom in profits: for the big US, profits are close to 40 billion

Goldman, boom in profits: for the big US, profits are close to 40 billion

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Goldman Sachs, the quintessential Wall Street firm, runs investment banking, the engine of a 60% profit boom to 5.38 billion in the third quarter of the year. The result, equal to 14.93 dollars per share, beat expectations of 10.14 dollars. In turn, revenues jumped 26% to 13.61 billion versus the expected 11.72 billion.

Goldman’s accounts pushed the cumulative profits of the six major American banks between July and September close to 40 billion, to be exact …

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