April 18 Goldman Sachs Group Inc reported
an 80 percent jump in quarterly profit as the Wall Street bank
benefited from a pick up in global equity and debt offerings.
Net income applicable to common shareholders jumped to $2.16
billion in the first quarter ended March 31, from $1.2 billion a
year earlier. (bit.ly/2nYyF63)
Earnings per share rose to $5.15 from $2.68.
Analysts on average had expected earnings of $5.31 per
share, according to Thomson Reuters I/B/E/S. It was not
immediately clear if the reported figures were comparable.
Provision for taxes fell 35.6 percent to $284 million.
Morgan Stanley, Goldman's traditional rival, reports
earnings on Wednesday.
(Reporting by Sruthi Shankar in Bengaluru and Olivia Oran in
New York; Editing by Sriraj Kalluvila)