Goldman Sachs European Unit First-Half Profit More Than Triples
2014-09-02 14:36:46.436 GMT
By Ambereen Choudhury
Sept. 2 (Bloomberg) -- Goldman Sachs International says
pretax profit in the half year ended June 30 rose to $1.1b from
$335m a year ago, according to accounts posted on the firm’s
website.
* Sales climbed to $3.3b from $3b
* Financial advisory and underwriting revenue climbed 45% to
$856.4m
* Fixed-income revenues fell about 4% to $1.4b
* Administrative expenses were $2b vs $2.5b
* Goldman Sachs International operates in Europe, Middle East
and Africa.
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To contact the reporter on this story:
Ambereen Choudhury in London at +44-20-3525-3862 or
achoudhury@bloomberg.net
To contact the editors responsible for this story:
Simone Meier at +44-20-3525-7738 or
smeier@bloomberg.net
Elisa Martinuzzi, Jon Menon
2014-09-02 14:36:46.436 GMT
By Ambereen Choudhury
Sept. 2 (Bloomberg) -- Goldman Sachs International says
pretax profit in the half year ended June 30 rose to $1.1b from
$335m a year ago, according to accounts posted on the firm’s
website.
* Sales climbed to $3.3b from $3b
* Financial advisory and underwriting revenue climbed 45% to
$856.4m
* Fixed-income revenues fell about 4% to $1.4b
* Administrative expenses were $2b vs $2.5b
* Goldman Sachs International operates in Europe, Middle East
and Africa.
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Ambereen Choudhury in London at +44-20-3525-3862 or
achoudhury@bloomberg.net
To contact the editors responsible for this story:
Simone Meier at +44-20-3525-7738 or
smeier@bloomberg.net
Elisa Martinuzzi, Jon Menon