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Goldman Sachs reports big drop in Q2 earnings

Earnings between April and June 2015 were down 67% for the same period a year ago
Earnings between April and June 2015 were down 67% for the same period a year ago

Goldman Sachs has reported a big drop in second-quarter earnings today on mixed results in operations and a large jump in legal and regulatory costs.

Earnings between April and June were $916m (€842m), down 67% for the same period a year ago.

The investment bank had $1.5bn (€1.38bn) in legal and regulatory costs, up from $284m (€261m) last year.