Goldman's Strong Q1 Results Justify Trading-Focused Model - News Summed Up

Goldman's Strong Q1 Results Justify Trading-Focused Model


We have summarized Goldman’s Q1 2018 earnings and also detailed the major takeaways from the announcement in our interactive dashboard for the company, the key parts of which are captured in the charts below. The strong performance should put to rest any remaining concerns regarding Goldman’s decision to retain a full-fledged trading desk (including its commodities trading arm). After all, Goldman reported unusually poor trading revenues over the first half of 2017 due to bad bets by its commodities trading business. At the same time, equity trading revenues crossed $2.3 billion after averaging $1.7 billion over the last ten quarters. This helped total securities trading revenues scale a high of $4.4 billion for the quarter.


Source: Forbes April 18, 2018 15:22 UTC



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