Goldman Sachs shines, other banks’ results lag

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  • Reuters published this video item, entitled “Goldman Sachs shines, other banks’ results lag” – below is their description.

    Goldman Sachs easily beat third-quarter expectations as it benefited from a surge in trading but other banks such as Bank of America and Wells Fargo posted results that showed they are struggling to cope with the impact of the economic downturn had on their lending units.

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    In This Story: Goldman Sachs

    The Goldman Sachs Group, Inc. (NYSE: GS), is an American multinational investment bank and financial services company headquartered in New York City. It offers services in investment management, securities, asset management, prime brokerage, and securities underwriting.

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