Goldman Sachs Set to Lead Wall Street’s $19 Billion Stock-Trading Haul
Updated
Updated · Bloomberg · Oct 11
Goldman Sachs Set to Lead Wall Street’s $19 Billion Stock-Trading Haul
2 articles · Updated · Bloomberg · Oct 11
Summary
$19 billion in combined stock-trading revenue is expected from Wall Street’s biggest banks when they report quarterly earnings next week, with Goldman Sachs poised to top the group.
A cooling capital-markets backdrop is starting to separate winners from laggards after a stronger first half, when trading broadly lifted results across the five largest US banks.
That shift suggests equity-trading strength is becoming less evenly shared, making Goldman’s expected lead a sharper sign of firm-specific performance rather than an industrywide surge.