GSAM posts third quarter asset management revenues of £490m
"SIGNIFICANTLY higher" asset management fees helped drive third quarter revenues at Goldman Sachs Group to a record high, latest company figures reveal.
Net Q3 2006 revenues at the Wall Street bank’s asset management business were $918m (£490m), while total earnings for the group reached $7.26bn (£3.87bn). The bank’s results say this increase “was...
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