Goldman Loses $393M On PE Funds, Other Investments
The investment bank's net revenues fell 60 percent, to $3.59 billion, compared with the same period last year, Goldman said in a statement. The largest loss came from a precipitous drop in the firm's investing and lending division, which reported negative revenue of $2.48 billion, compared with a gain of $1.8 billion in the same period last year.
The loss represents...
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