Goldman Sachs puts brakes on layoffs after strong Q2: FT
1. Goldman Sachs halts job cuts due to strong Q2 investment banking results. 2. Profit of $3.72 billion exceeded analyst expectations significantly. 3. Investment banking fees rose over 25% year-over-year, indicating strong deal activity. 4. Trading desks generated $4.3 billion, boosted by market volatility. 5. CEO Solomon's controversial bonuses seen as justified by recent financial performance.