Goldman Sachs Q3 Performance Prompts Modest Profit Forecast Hike: Analyst
Goldman Sachs Group Inc. (NYSE:GS) reported third-quarter earnings on Tuesday.The investment bank reported net revenue growth of 20% year over year (Y/Y) to 14.10 billion.GAAP earnings came in at 8.40 a year ago and above the 3.85 billion in the quarter on a decline in funding costs and higher interest-earning assets.Provision for credit losses declined to $339 million, compa ...