Goldman Sachs achieved spectacular results after it published its third-quarter figures. Profits at Goldman Sachs have risen 79 percent to $2.9 billion mainly due to the fixed-income trading conditions.
The securities firm saw a 71 percent rise in sales from fixed-income currencies and commodities to a total of $4.9 billion, this was partly due to a $900 million profit due to the sale of Horizon Wind Energy.
“Goldman had a stellar performance, no question about it.” says Mark Batty, an analyst at PNC Wealth Management, in an interview with City AM newspaper.