Goldman Sachs Group Inc. (NYSE:GS) reported better-than-expected results for its second quarter on Monday. Goldman posted revenue of $12.730 billion for the second quarter, beating the consensus of $12.456 billion. The U.S. financial services giant reported GAAP EPS of $8.62, beating the consensus of $8.35, according to data from Benzinga Pro. Global Banking & Markets revenues were $8.18 billion, up 14% year over year. Asset & Wealth Management revenue was $3.88 billion for the second quarter of 2024, 27% higher than last year. Provision for credit losses was $282 million for the second quarter, compared with losses of $615 million a year ago, reflecting net provisions related to the credit card portfolio (driven by net charge-offs). David Solomon, Chairman and CEO, said, “We ...