Thursday, October 10, 2024

Goldman Sachs loses profit after hits from GreenSky, real estate

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Second-quarter profit fell 58% to $1.22 billion, or $3.08 a share, due to steep declines in trading and investment banking and losses related to GreenSky and legacy investments that shaved about $3.95 from earnings a share. Revenue fell 8% to $10.9 billion.

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