Goldman's flying ECM performance helps offset FICC decline
Goldman Sachs posted a 47% increase in net revenues from equity underwriting in the second quarter, helping to offset a slump in trading activity which has affected its FICC business — although it still managed to beat expectations in that division.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts