Goldman Sachs: profit jumps 40% on 'healthy' economy

(CercleFinance.com) - On Tuesday, Goldman Sachs reported a 40 percent rise in second-quarter profits on the back of a "healthy economic backdrop.
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Overall net income reached 2.56 billion dollars, or 5.98 dollars per share, from 1.83 billion dollars, or 3.95 per share, a year earlier.

Goldman's net revenue from trading fixed-income securities, currencies and commodities (FICC) - a business unit closely watched by investors -umped by 40% to 1.68 billion dollars.

Goldman's investment banking business also had a strong quarter, with revenues of 2.05 billion dollars, the division's third highest quarter ever.

After these results, Goldman's shares were down 0.9 percent in pre-market trading on the New York Stock Exchange.

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