Goldman Sachs today reported its highest investment banking revenues for four years while revenues from fixed income, currencies and commodities soared to an all-time high in the three months to August 26. Net profits surged 83% to a record $1.6bn (€1.3bn).

Revenues in the third quarter swelled 61% to $7.3bn, outstripping operating expenses, which climbed 51% to $4.9bn.