At the beginning of February, Goldman Sachs’s chairman and CEO, Lloyd Blankfein told investors that the bank is willing to deploy more capital in its beaten up fixed-income, currency and commodities trading business to respond to a ” more attractive opportunity set” in the current market environment.
This announcement from the bank followed it’s 2017 results, which recorded a steep drop in FICC Trading income of 30% to $5.3 billion. Even though the entire industry suffered a drop-in revenues, Goldman’s declined was the largest.
- Chinese Shadow Banks De-Levering, But No One Knows What Lies Beneath
- Morgan Stanley: US Political Risk Underestimated By Markets
- MS: The S&P 500 Is Still Cheap And...

