Goldman Sachs Comp Ratio Likely To Be Below 38% In Q4: Morgan

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Goldman Sachs Group Inc (NYSE:GS) managed to beat analysts expectations on earnings in the September quarter. The firm delivered its third quarter earnings report before the market opened on Thursday, and showed lower than expected revenue on better earnings. Despite the problems hitting banks like Citigroup Inc (NYSE:C) and¬†JPMorgan Chase & Co (NYSE:JPM) in the same period. Citigroup earnings came in below expected in the period, and JPMorgan lost money for the first time in years in the fourth quarter. The secret of Goldman Sachs Group Inc (NYSE:GS) success is in its handling of compensation. Goldman Sachs cost cuts In…


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