NEW YORK — Goldman Sachs said Tuesday that its second-quarter profit doubled and revenue jumped 30 percent, helped by gains in stock and bond underwriting and the bank’s own investments. But the hot topic for analysts who follow the bank was a set of impending capital rules and how they might affect the powerful New York investment bank.
Capital requirements have been the topic du jour as big financial companies have reported earnings over the past few days. The consternation started last week, when US regulators said they were considering requiring big US banks to hold greater amounts of capital. Banks have protested, saying it will put them at a disadvantage to international peers, and constrain them from lending.
Goldman reported profit of $1.9 billion after payments to preferred shareholders, compared with $927 million a year ago. Per share, those profits were $3.70. Revenue was $8.6 billion, up from $6.6 billion a year ago. The bank’s stock closed at $160.24, down $2.76 or 1.69 percent.