Goldman Sachs’ profits in the last quarter rose 51% compared with a year earlier, the US investment bank said on Tuesday, helped by strong returns in the overall market.

Goldman Sachs has reported that its third-quarter earnings fell by 33% due to muted market conditions that meant fewer deals for the US-based investment bank.

Goldman Sachs has said its fourth-quarter profits fell by 13% from a year earlier, largely due to the bank preparing to pay out hefty pay packages to its well-compensated employees.

More than three-quarters said they have been the victim of workplace abuse.