Goldman Sachs sees US$5b earnings hit in Q4 before new US tax law
Mon, Jan 01, 2018 - 5:50 AM
GOLDMAN Sachs expects to take a US$5 billion charge to its fourth-quarter earnings as a result of the tax bill that US President Donald Trump signed into law last week, the bank said in a regulatory filing.
It is a one-time blow for Goldman. The benefits of the law's tax...