Goldman Suffers Terrible Quarter After FICC, Prop Trading Revenues Plunge; Banker Comp At Five Year Lows

by Tyler Durden
ZeroHedge.com
10/15/2015

Once again, Jefferies’ one-month early glimpse at Wall Street trading revenues proved to be spot on. After the boutique mid-market banks reported a total collapse in fixed income trading revenues (which ended up negative following massive charge offs), everyone was looking at the biggest hedge fund among the TBTF banks – Goldman Sachs – to see just how bad the trading environment really is. The answer came moments ago, and the answer is bad. Very bad.

The Rest…HERE

This entry was posted on Thursday, October 15th, 2015 at 10:46 am and is filed under Economics. You can follow any responses to this entry through the RSS 2.0 feed.