Profits at Goldman Sachs rose more than a fifth in the second quarter, as a surprise rally in investment banking added to a record period for the US bank’s equity traders.
The Wall Street group comfortably beat estimates with net income of $3.7bn for the three months to the end of June, up from $3bn a year ago.
Equities traders put in a record performance for the second quarter in a row, generating $4.3bn in revenues.
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