Economy

Goldman Sachs Profits Rise 153%

Goldman Sachs Profits Rise 153%

Goldman Sachs Group's profits have begun to rise, driven by its strong performance in its core activities of bond trading and underwriting, alongside an increase in merger and acquisition activities, with profits rising by 153% in the last quarter of last year.

The group announced today that net income attributable to common shareholders increased from $1.72 billion to $4.36 billion at the end of December. Earnings per share rose from $4.69 a year earlier to $12.08.

Our readers are reading too