Goldman traders record only 1 daily loss in Q3
In a regulatory filing, Goldman Sachs reported that its traders suffered only one daily loss in the third quarter, compared with two trading-day losses in the previous quarter. The trend highlights a trading frenzy Wall Street is enjoying as the Federal Reserve and other central banks pour liquidity into the system.
Financial Times | 11/05
This story published in SIFMA SmartBrief on 11/05/2009
More from SmartBrief:
Fed examines whether banks have enough capital to cover risks
Friday, November 20, 2009
Commentary: Changes could make Fed more accountable
Wednesday, September 2, 2009
CoCo bonds spark discussion between Fed, Wall Street
Thursday, November 12, 2009
Get stories like these delivered daily for FREE:
|
SIFMA SmartBrief
Designed specifically for investment bankers, broker-dealers, and mutual fund professionals, SIFMA SmartBrief is a FREE e-mail newsletter. By providing a summary of the day's most important securities news, SIFMA SmartBrief saves you time and keeps you smart. Sign up today to receive SIFMA SmartBrief, FREE of charge. Learn more |
