goldman sachs first quarter profits tumble by more than 50
Last Updated : GMT 05:17:37
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Last Updated : GMT 05:17:37
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Goldman Sachs first quarter profits tumble by more than 50%

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Emiratesvoice, emirates voice Goldman Sachs first quarter profits tumble by more than 50%

New York economy
New York - Arab Today

Goldman Sachs reported a sharp decline in first-quarter earnings Tuesday, suffering weakness in most of its businesses including financial advising and trading.

Earnings for the quarter ending March 31 were $1.2 billion, down 56.3 percent from the year-ago period. Revenues sank 40.3 percent to $6.3 billion.


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