Goldman Sachs' equities-backed earnings results may face pressure
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NEW YORK (Reuters) - Booming stock markets around the globe helped Goldman Sachs Group Inc offset declines in other businesses last quarter, but those gains may not be sustainable, analysts said.The biggest contributor to the bank's profits was the $1.5 billion (£1.20 billion) it notched from its own equity investments – including $375 million from electronic trading company Tradeweb – some of which it sold during the second quarter. Its investment bankers also handled more stock offerings..