Goldman Sachs was stung by its heavy reliance on the bond market, which historically has been a source of great profit. Photo: Bloomberg Goldman Sachs was stung by its heavy reliance on the bond market, which historically has been a source of great profit. Photo: Bloomberg
Goldman Sachs was stung by its heavy reliance on the bond market, which historically has been a source of great profit. Photo: Bloomberg
Goldman Sachs

Goldman Sachs Q4 net profit falls 21pc on softer bond market

Wall Street giant cuts pay ratio as it posts21 per cent drop in fourth-quarter profit

Topic |   Goldman Sachs
Goldman Sachs was stung by its heavy reliance on the bond market, which historically has been a source of great profit. Photo: Bloomberg Goldman Sachs was stung by its heavy reliance on the bond market, which historically has been a source of great profit. Photo: Bloomberg
Goldman Sachs was stung by its heavy reliance on the bond market, which historically has been a source of great profit. Photo: Bloomberg
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