Goldman Sachs sees its quarterly net profit almost halved

Although weighed down by the drop in operations of the companies it advises, the results of the investment bank are higher than expected.

The American investment bank Goldman Sachs saw its net profit halve in the second quarter, weighed down by the decline in operations of the companies it advises, but its results were better than expected thanks in particular to its brokerage activity.

The Wall Street firm posted a profit of 2.79 billion dollars, down 48%, for a turnover of 11.86 billion, down 23%. The action took 3.4% in electronic trading prior to the opening of the New York Stock Exchange.