Goldman Sachs earnings fall 10%

Published 5:00 am Wednesday, June 18, 2008

NEW YORK — Goldman Sachs Group Inc., the world’s largest investment bank, on Tuesday said second-quarter earnings fell about 10 percent, but still easily beat lowered Wall Street expectations on higher fees from asset management and stock underwriting. The company reported a profit of $2.05 billion, or $4.58 per share, for the three months ended May 30.

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