KQED Nightly Business Report January 17, 2013
Increased, thats allowed more people to qualify to refinance their loans. Reporter but Goldman Sachs is a different story. It deals almost exclusively with institutions, not consumers. Its Fourth Quarter Earnings Growth came from a surge in Investment Banking revenues thanks to gains in stock and bond underwriting. Goldman earned 5. 60 a share in the period, compared to a 1. 84 a year ago. That was also better than expected. Big banks arent the only financials expected to do well in the Fourth Quarter. The Financial Sector as a whole is expected to post an earnings gain of 11. 5 , making it th...