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Goldman's net slumps 40%: trading takes a hit as bank parks cash while pivoting for Dodd-Frank
- Source :
- Wall Street Journal. Europe. Oct 20, 2010, A19
- Publication Year :
- 2010
-
Abstract
- Goldman Sachs Group Inc.'s second-quarter profit fell 40% to $1.9 billion, while revenue dropped 28% to $8.9 billion from $12.37 billion a year ago. Net revenue from Goldman's investment-banking operations rose 24% to $1.12 billion.
Details
- Language :
- English
- ISSN :
- 09219986
- Database :
- Gale General OneFile
- Journal :
- Wall Street Journal. Europe
- Publication Type :
- News
- Accession number :
- edsgcl.239892846