Belfast Telegraph

Thursday 24 April 2014

Bank's earnings smash forecasts

The world's top investment bank has maintained its status as Wall Street's darling.

Goldman Sachs cruised past forecasts to post net earnings of $2.26bn (£1.5bn), a 7% rise, and set aside $4.34bn (£2.85bn) to pay its bankers during the first three months of 2013, making the average pay for its 32,000 staff some $135,625 (£88,942).