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Goldman Sachs: strong results supported by growth in investment banking

- Earningsand Sales: Goldman Sachs $GS beat expectations with earnings of $8.40 per share and sales of $12.7 billion.

- Stock trading: Equity trading revenue increased by 18 % At US$3.5 billion, well above the estimated USD 2.96 billion.

- Investment Banking: Investment banking revenues increased by 20 % at USD 1.87 billion, mainly due to growth in the equity and debt underwriting.

- Asset and wealth managementAsset and wealth management division increased revenues by 16 % At $3.75 billionsupported by higher fees a gains on investments.
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