Goldman Sachs sees profits double in Q1

Investment bank Goldman Sachs has said that Q1 profits more than doubled to $1.29bn (€1.04bn), up from $662m (€538m) in the year ago period, as the company continued to lead in global mergers and acquisitions.

Goldman Sachs sees profits double in Q1

Investment bank Goldman Sachs has said that Q1 profits more than doubled to $1.29bn (€1.04bn), up from $662m (€538m) in the year ago period, as the company continued to lead in global mergers and acquisitions.

Turnover increased to $5.9bn (€4.7bn) from $4.2bn (€3.4bn), driven by strong revenue from stock and bond trading.

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