Goldman Sachs has reported a 58 percent decline in quarterly profits, after the Wall Street giant took major hits in its commercial real estate investments and consumer lending business.The banking giant on Wednesday reported profits of $1.07 billion for the quarter that ended June 30, down from $2.79 billion a year ago and well below analyst expectations.The bank recorded a $485 million hit on the value of its real estate investments, and wrote down $504 million worth of 'goodwill' related to its consumer platforms unit, which includes the GreenSky lending business it bought last year and is now seeking to divest.
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