Goldman Sachs beats on strength in bond trading, investment banking
Updated : July 24, 2018 03:07 PM IST
Revenue from trading, its biggest business, rose 17% to $3.57 billion, as strength in commodities and interest rate products boosted fixed income trading revenue by 45%.
Equities trading revenue, however, was unchanged from last year, in contrast with other big banks such as JPMorgan Chase & Co and Citigroup, which have reported increases.
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