Goldman Sachs’ profits jump 60% helped by deal-making frenzy

Goldman Sachs’ profits jump 60% helped by deal-making frenzy

By KEN SWEET | Associated Press
NEW YORK — Goldman Sachs’ profits jumped 60% in the third quarter, as the deal-making bonanza that dominated financial markets this summer brought in hundreds of millions of dollars in fee revenue for the investment bank.
The New York-based firm said Friday that it earned a profit of $5.28 billion, or $14.93 per share, compared with a profit of $3.23 billion, or…

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