Goldman Sachs Second-Quarter Profit Rose 5%

 
on July 15 2014 8:02 AM
Goldman Sachs
Goldman Sachs is facing new allegations of gender discrimination. Reuters

(Reuters) - Goldman Sachs Group Inc (NYSE:GS) reported a 5 percent increase in second-quarter profit on Tuesday, driven by higher revenue from its investing and lending business.
 
The Wall Street bank earned $1.95 billion, or 4.10 per share, in the three months ended June 30, up from $1.86 billion, or $3.70 per share, in the same period a year earlier.
 
 
(Reporting by Anil D'Silva in Bangalore and Lauren Tara LaCapra in New York; Editing by Saumyadeb Chakrabarty)

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