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Goldman Sachs Anticipates Market Recovery Amidst Challenges
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Goldman Sachs anticipates market recovery following IPO downturn, while the bank faces challenges in structural change and investment banking activity. Goldman Sachs reports Q3 earnings of $11.8 billion, with a focus on its core businesses. The bank's net profit slumps 33% to $2.06 billion, but trading revenue exceeds analysts' estimates.
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How does the focus on core businesses impact Goldman Sachs' future performance?
How will Goldman Sachs address the challenges in structural change and investment banking activity?
What factors contributed to the slump in net profit?
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