The big banks are rolling out their third quarter report cards, Goldman Sachs is among the latest on deck to report better than expected numbers.
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00:00The big banks are rolling out their third quarter report cards. Goldman Sachs is among
00:04the latest on deck to report better than expected numbers, turning in a profit of
00:09nearly $3 billion. Revenue rose to $12.7 billion. An increase in trading and investment banking
00:16activity helped boost its bottom line. Not to be outdone, Citigroup also beat expectations,
00:22posting a profit of $3.2 billion thanks to growth in wealth management and investment banking.