Goldman Sachs Sets a Wall Street Equity-Trading Revenue Record

1 min read
Source: Bloomberg.com
Goldman Sachs Sets a Wall Street Equity-Trading Revenue Record
Photo: Bloomberg.com
TL;DR Summary

Goldman Sachs posted a record $4.31 billion in fourth-quarter equities-trading revenue, the strongest on Wall Street and about $700 million above consensus, as the firm shifts toward wealth management and buyouts to balance volatility under CEO David Solomon; shares slipped roughly 2% after the results.

Share this article

Reading Insights

Total Reads

0

Unique Readers

25

Time Saved

31 min

vs 32 min read

Condensed

99%

6,34145 words

Want the full story? Read the original article

Read on Bloomberg.com