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Goldman Sachs profit doubles on stronger bond trading

Goldman Sachs profit doubles on stronger bond trading

Goldman Sachs Group Inc's quarterly profit doubled as the bank made more money trading bonds before an interest-rate spike hit markets in June.

Goldman's net income rose to $1.86 billion, or $3.70 per share, from $927 million, or $1.78 per share, in the same quarter a year earlier.

Copyright: Thomson Reuters 2013