Relevant:
- Goldman boosts returns to shareholders through layoffs
- Stocks Trade Lower as Goldman Sachs Slides After Missing Earnings Forecasts
- Goldman Profit Rises to Record on Trading, M&A Advice
- Goldman profit hit by big legal provision, weak bond trading
- Goldman Takes One-Time $5 Billion Hit From New U.S. Tax Law (CITI FACES $20+ B!)
2012-10-16 — huffingtonpost.com
The bank enjoyed big jumps in revenue from underwriting stock and bond offerings, a tentative sign that companies are more willing to take risks like going public or raising money. The bank's investments in stock and bond securities came back from a loss a year ago and turned a profit, riding a wave of higher stock prices around the world. Trading in mortgages also propelled Goldman's results higher
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