Goldman Sachs quarterly profit jumps 78 pct

(Reuters) - Goldman Sachs Group Inc reported a 78 percent jump in quarterly profit as the Wall Street bank earned more from bond trading and its expenses fell. Net income applicable to Goldman's common shareholders rose to $1.63 billion, or $3.72 per share, in the second quarter ended June 30 from $916 million, or $1.98 per share, a year earlier, when Goldman set aside $1.45 billion for regulatory and mortgage-related legal settlements. Analysts on average had expected earnings of $3.00 per shar