Goldman Sachs’ profits jump 60% helped by deal-making frenzy
![<i></i><br/>](https://abc17news.b-cdn.net/abc17news.com/2021/06/kmiz-biz-and-tech.png)
By KEN SWEET
AP Business Writer
NEW YORK (AP) — Goldman Sachs’ profits jumped 60% from a year earlier, as the deal-making bonanza that dominated financial markets this summer brought in hundreds of millions of dollars in fee revenue for the investment bank. The New York-based firm said it earned a profit of $5.28 billion, or $14.93 per share, compared with a profit of $3.23 billion, or $8.98 a share, in the same period a year earlier. The results were significantly better than the $10.10-per-share profit that analysts had been expecting, according to FactSet.