Goldman reports highest profit in five years as trading picks up

April 16, 2015 3:47 PM

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(Reuters) - Goldman Sachs Group Inc (GS.N) reported its best quarterly profit in five years on Thursday, notching up big gains from trading bonds and currencies as global markets gyrated during the first three months of the year.

Trading got a boost after the Swiss central bank scrapped a cap on the franc, the European Central Bank announced its quantitative easing program, and the U.S. Federal Reserve moved to tighten monetary policy.

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