Goldman Sachs and Morgan Stanley see double-digit profit jumps amid surging stock market
NEW YORK (AP) — A surging stock market and a flurry of deal making padded the profits of Wall Street’s two big investment banks, which both saw a double-digit jump in profits in the fourth quarter. Goldman Sachs’s net earnings rose 12% from a year earlier, posting a profit of $4.62 billion, or $14....
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