In the Margins

Goldman reports high quarterly profits

January 18, 2017

By Reuters

Goldman Sachs Group reported a nearly fourfold rise in quarterly profit on Wednesday, attributable to a surge in bond trading revenue, and business has remained strong in the first few weeks of 2017. "We've come out of a very low-volume, low-volatility environment over a number of years,"  CFO Harvey Schwartz said. "With the shifting policies around the globe, it's an extraordinary catalyst." Read the original story from Reuters.

 

 

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