Goldman Profit Drops As Trading Revenue Falls

NEW YORK (Reuters) - Goldman Sachs Group Inc posted a 72 percent decline in quarterly earnings as trading revenue dropped, and the bank cautioned that there were fewer opportunities to make money in the current environment.

BING NEWS:
  • Global trading revenue for banks drops to pandemic-era lows
    This hesitance has fed into the revenue slump for banks, with trading desks looking more like ghost towns than profit hubs. The central banks aren’t helping, either. Their back-and-forth on rate ...
    11/28/2024 - 9:16 pm | View Link
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