Analysts have given a cautious response to Goldman Sachs’ record second quarter profits, with many questioning whether the banking giant will be able to maintain such strong performance for the rest of the year and one suggesting the results were a "one off".

Goldman Sachs generated $3.18bn (€2.2bn) net revenues in its equities business and $6.8bn net revenues in its fixed income, currencies and commodities business, according to results published yesterday. Both figures were record highs