Goldman Sachs Group Inc.'s second-quarter earnings jumped 65% as the banking giant's results widely beat analysts' views on a smashing performance at its trading operations.

Analysts had said fixed income, currency and commodities trading would likely be the star division again for Wall Street banks as credit spreads continue to narrow. The company didn't disappoint, with the segment's revenue more than doubling to $6.8 billion, reflecting strength in most businesses and record results in credit products.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.