The US investment bank Goldman Sachs has reported a surge in earnings of up to 74 percent despite uncertainties from the EU referendum . It has reported “better-than expected” net earnings of GBP 1.4 billion for Q2 at the end of June, which is a GBP 108 million-increase year on year. The bank currently employs 6,500 staff in the UK even after its 5percent workforce reduction due to costcutting.. Other measures such as cutting legal costs and reducing bonuses by 13percent have all helped the bank “achieve solid results” as the chairman and chief executive Lloyd Blankfein explained.
