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Goldman SachsCNBC
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71% Informative
Goldman Sachs will post a roughly $400 million pretax hit to third-quarter results.
CEO David Solomon said Monday at a conference that by unloading Goldman 's GM Card business, as well as a separate portfolio of loans, the bank would post a hit to revenues next month .
Trading revenue for the quarter was headed for a 10% decline because of a tough year-over-year comparison.
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