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Stock impact report

Goldman Tops Investment Banks Reaping Windfall in Tokyo [Yahoo! Finance Canada]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
(Bloomberg) -- Goldman Sachs Group Inc. led major investment banks posting higher profits in Japan as bond trading boomed, offering a cushion last year in an otherwise tough environment globally. Most Read from Bloomberg Net income at the Wall Street firm's local securities arm rose by a quarter last year to 39.2 billion yen ($251 million) as fixed-income trading gains doubled, according to annual disclosures filed over recent weeks. The figure marked the highest earnings in 14 years for Goldman. The company was the most profitable among global banks that closed their books in the country on Dec. 31. ADVERTISEMENT Deutsche Bank AG's bottom line for its securities business grew 43% to 17.2 billion yen, the Frankfurt-based lender's best showing in at least six years. Barclays Plc posted a record profit for the London-based bank's brokerage unit in the Asian nation. The Bank of Japan's historic shift in monetary policy has helped revive volatility in the country's roughly $7 t Show less Read more
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