Goldman Sachs´ shares were on course to trade higher today after the investment bank significantly beat third-quarter earnings expectations.
Revenues from investing and lending activities jumped 35% versus the year-ago period.
While overall results exceeded market expectations, Goldman still reported sharply lower revenues from trading activities, down by around 26% on the same period of 2016.
In common with its investment banking rivals, a low volatility environment brought a significant fall in revenues from trading bonds, currencies and commodities.
However, good performance elsewhere brought total net revenues to $8.33bn, up by 2% versus the 2016 third quarter.