Goldman Sachs’ third-quarter profits plunge 26 percent

Goldman Sachs’ third-quarter profits plunge 26 percent

Goldman Sachs had a 26% decline in third-quarter profits, the bank said Tuesday, as Goldman took losses on some of its public investments and struggled to drum up enough advisory business. The New York-based bank on Tuesday reported a profit of $1.88 billion, or $4.79 a share, down from $2.52 billion, or $6.28 a share, in the same period a year ago.

Chris
Chris
Miles O'Brien
Miles O'Brien 6 months

And zero tax to pay.

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