( ) -q-20- UNDATED (Correspondent Jeremy House) “consumer banking business.” Goldman Sachs has posted a 150% jump in its second quarter profits. [CutID: <Cuts> GOLDMAN-SACHS-PROFITS-house-q-TUEam.mp3 Time: 20s Title: GOLDMAN-SACHS-PROFITS-house-q-TUEam Out-cue: consumer banking business] TAG: Correspondent Jeremy House reporting. —————————- VERBATIM: Its bottom line was helped by a resurgence of dealmaking and underwriting. They led to […]
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Goldman Sachs profits more than double in second quarter
( ) -q-20- UNDATED (Correspondent Jeremy House) “consumer banking business.”
Goldman Sachs has posted a 150% jump in its second quarter profits.
[CutID: <Cuts> GOLDMAN-SACHS-PROFITS-house-q-TUEam.mp3
Time: 20s
Title: GOLDMAN-SACHS-PROFITS-house-q-TUEam
Out-cue: consumer banking business]
TAG: Correspondent Jeremy House reporting.
—————————-
VERBATIM: Its bottom line was helped by a resurgence of dealmaking and underwriting. They led to a revival of investment banking after the slowdown of the previous couple years. Part of the surge in profits come from Goldman Sachs booking some one-time items last year as it took charges for the wind-down of its consumer banking business.