Comment on Goldman Sachs Earnings Q2 2012: Goldman's Profit Falls

The Huffington Post News Editors, Huffington Post
Tue, 07/17/2012 - 7:40am

Goldman Sachs Earnings Q2 2012: Goldman's Profit Falls

NEW YORK -- Goldman Sachs says its net income fell 11 percent in the April-to-June period after the investment bank's clients made fewer deals and avoided volatility in global financial markets.The New York bank said its net income fell to $962 million, or $1.78 per share, for the quarter. That compares with $1.09 billion, or $1.85 per share, a year ago.

 

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