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Goldman Sachs Group reported better than expected results in 4Q17. However, tax expenses hurt the company's GAAP results, leading to a loss in 4Q. Trading revenue plunged 50% as environment remained challenging due to low levels of volatility and low client activity.
Goldman Sachs Group reported better than expected results in 4Q17. However, tax expenses hurt the company's GAAP results, leading to a loss in 4Q. Trading revenue plunged 50% as environment remained challenging due to low levels of volatility and low client activity.