TechGoldman Sachs’ third-quarter trading performance and technology spending
Pulse2.com, citing Reuters, reports that CEO David Solomon described strong third-quarter equities performance but somewhat softer activity in fixed income, currencies and commodities.
TLDR
Pulse2.com, citing Reuters, reports that Goldman Sachs CEO David Solomon said the firm’s equities business continued to perform strongly in the third quarter, while fixed income, currencies and commodities activity was somewhat softer. Solomon also signaled higher expenses as Goldman accelerates technology investments and absorbs increased transaction costs.
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Goldman Sachs’ third-quarter trading performance and technology spending
Pulse2.com, citing Reuters, reports that CEO David Solomon described strong third-quarter equities performance but somewhat softer activity in fixed income, currencies and commodities.
TLDR
Pulse2.com, citing Reuters, reports that Goldman Sachs CEO David Solomon said the firm’s equities business continued to perform strongly in the third quarter, while fixed income, currencies and commodities activity was somewhat softer. Solomon also signaled higher expenses as Goldman accelerates technology investments and absorbs increased transaction costs.