Goldman Sachs’ stock traders have posted the largest revenue haul in Wall Street history, as volatility sparked by the Trump administration’s trade war spurred a second straight record quarter for the unit.
At $US4.3 billion ($6.6 billion), equity-trading revenue for the second quarter was about $US600 million more than what analysts were expecting and $US100 million above the first-quarter total, according to a statement Wednesday. That also pushed profit above expectations for the period.
Washington Post