Has Goldman Sachs lost its golden trading touch?
Is this the new normal for Wall Street?For years, Goldman Sachs has had a knack for winning even when the rest of Wall Street loses. But that golden touch seems to be fading.Goldman said on Tuesday it suffered its worst ever quarter for trading commodities and a tough quarter in general. The elite investment bank revealed a 40% plunge in revenue compared with last year from the division that trades commodities, currencies and bonds.The post Has Goldman Sachs lost its golden trading touch? appear
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