Goldman Sachs’ profits have doubled in the last quarter, making £1.2 billion April – June 2013.

The firm was able to beat predictions and make a substantial profit, despite hard trading conditions. In part, the broker-dealer firm’s strong showing was due to the profit it made on its own investments, after selling off shares in the Industrial and Commercial Bank of China.

Goldman Sachs salaries also increased during the same period.

Read more about Goldman Sachs in the news.

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