Goldman Sachs cashes in on M&A wave to cap stellar quarter for U.S. banks - NewsBreak

Oct 15 (Reuters) - Goldman Sachs Group Inc (GS.N) on Friday reported a 66% surge in third-quarter profit that smashed expectations, as Wall Street's biggest investment bank rode a record wave of M&A activity and initial public offerings. The bank posted profits of $5.28 billion up from $3.23 billion a...