Goldman Sachs Q4 net nearly tripled; revenue up

TEL AVIV (MarketWatch)
Goldman Sachs Group Inc.,the New York investment bank, reported that fourth-quarter net income nearly tripled on 53% higher revenue
Earnings reached $2.89 billion, or $5.60 a share, from $1.01 million, or $1.84, in the year-earlier quarter
Net revenue reached $9.24 billion from $6.05 billion
A survey of analysts by FactSet produced consensus estimates of $3.71 a share of profit on $7.98 billion of revenue
In a Wednesday statement, Goldman cited revenue increases of 64% in investment banking and 8% in financial advice, and a more than doubling of revenue in underwriting, including increases in both debt and equity underwriting