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Goldman Sachs profits rise on strong equity trading results
Goldman Sachs profits rise on strong equity trading results
Economy
by  AFP

Goldman Sachs reported Monday higher first-quarter profits on strength in equity trading, offsetting a hit from losses in investments on public stock markets. Revenues tied to equity trading soared 27 percent from the year-ago level, with Goldman benefiting from strong demand for its services to facilitate trading and providing financing to clients trading stocks.