Goldman could trim fixed-income trading group.
BANKING AND CREDIT NEWS-February 6, 2019--Goldman could trim fixed-income trading group
(C)2019 M2 COMMUNICATIONS http://www.m2.com
Global Banking News - 06 February 2019
Goldman Sachs (NYSE: GS) could pare down the capital dedicated to its fixed income trading group.
The firm is said to be actively considering plans to reduce the capital dedicated to its core trading business within the fixed-income group. The move comes as business at the unit has trailed behind other more lucrative ones. Plans are also in hand to diversify operations...
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