Goldman Sachs yesterday reported a quarterly profit that beat analysts' expectations, as lower compensation costs helped couinnter a late-year swoon in trading revenue.
The fourth-quarter results capped a record year for Goldman, whose 2009 net income surged to $13.4bn as stocks rallied and debt markets thawed.
Its shares tumbled 4.6 per cent to $160.15 in midday trading on concerns that US president Barack Obama's plan to impose strict limits on financial risk-taking – unveiled hours after Goldman reported results – would force the bank to unravel one of the most successful money machines in Wall Street history.
您已阅读41%（618字），剩余59%（873字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。