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Goldman Sachs Takes a Hit, But What's Its Next Move?

September 11, 2024

Goldman Sachs is warning of a $400M writeoff, but is it a wake-up call for the bank or just a speed bump? The storied investment bank is expecting a 10% decline in trading revenue due to tough fixed-income conditions and year-over-year comparisons. But what's behind this unexpected hit? Was it a has

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