Goldman Sachs Group posts best quarterly profit in Five Years

April 17, 2015 12:59 PM

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Goldman Sachs Group posts best quarterly profit in Five Years

Goldman Sachs Group has reported surge in its quarterly earnings for the first quarter. According to the investment banking and financial services major, it has registered the best quarterly profit in five years. The company gained from trading bonds and currencies as global market rose and fell in the first quarter of 2013.

According to reports, trading volume improved after the Swiss central bank scrapped a cap on the franc, the United States Federal Reserve moved to tighten monetary policy and the European Central Bank announced about its quantitative easing program.

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