Goldman Sachs reports sharp fall in profits

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Goldman Sachs reports sharp fall in profits

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07-20-2010, 07:12 PM

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Goldman Sachs reports sharp fall in profits

US banking giant Goldman Sachs has today announced profits dived 82% in the second quarter to $453 million. The figures represented the worst quarter since the height of the financial crisis – almost two years ago and were hit by the British bonus levy and a US fraud settlement. Commenting, Lloyd Blankfein chief executive, said: “The market [...]

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