Goldman Sachs Group reported an 87% increase in earnings, the largest quarterly profit in the firm's history, according to Goldman CFO David Viniar attributed his firm's record performance a result of "strength across virtually all of our business."

Goldman boasted particular strength in its investment banking business, which brought in about $1.02 billion in revenue - a 14% increase from the same quarter last year.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.