GS Reportedly Not Spinning Off Prop Desk

Goldman Sachs reportedly is not going to be spinning off its proprietary trading desk.

  • 24 Aug 2010

Goldman Sachs reportedly is not going to be spinning off its proprietary trading desk. Sources told Fox Business News that there was never any plan to sell or move the desk, though it has considered shifting proprietary traders to different unit or folding the unit altogether.

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Rank Lead Manager Amount $m No of issues Share %
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1 Citi 318,645.99 1207 8.88%
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5 Barclays 210,235.01 814 5.86%

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1 HSBC 33,092.37 151 6.77%
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1 JPMorgan 18,707.17 72 9.33%
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5 Goldman Sachs 12,113.98 67 6.04%