By [ad_1]
Like its Wall Street competitors, Goldman has been hurt by the dramatic slowdown in investment banking as the volatility that’s spurred gains for trading also weighed on capital markets and asset management. While the firm’s trading operation posted a 32% surge in revenue in the second quarter, investment-banking revenue fell 41%, reflecting a sharp drop in underwriting.
[ad_2]
Source link
What is your reaction?
Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0
