Goldman Sachs has reported better-than-expected third-quarter profit and Revenue, driven by stronger trading revenue. The bank's profit dropped 33% to $2.058 billion, while revenue slipped 1% to $11.82 billion. However, these figures exceeded analysts' estimates by roughly $600 million. Bond trading revenue fell 6%, but still exceeded expectations by almost $600 million. Equities trading revenue increased 8%, outperforming the estimate by around $200 million. Investment banking revenue edged higher by 1%, slightly exceeding the estimate. The bank also posted a $506 million write-down tied to lending business GreenSky and $358 million in real estate impairments.
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