Receive up-to-the-minute news updates on the hottest topics with NewsHub. Install now.

Goldman Sachs Joins the Trading Party

October 18, 2016 12:45 PM
1 0

Goldman Sachs offered more confirmation on Tuesday that the sun was once again shining on Wall Street's fixed-income trading desks.

The year-over-year gains are a bit misleading on their face, considering the third quarter of 2015 was an ugly period for trading desks after China's unexpected devaluation of its currency ushered in a volatile stretch in markets that many clients may have chosen to sit out.

Also read: Fired Bond Traders Stung Anew as Bank Profits Soar Without Them

Read more

Share in social networks:

Comments - 0