The
In a statement, Goldman Sachs Chairman and CEO
Goldman's trading desks struggled in the first quarter, a sharp contrast to its competitors who all reported gains in trading last quarter and set investors' expectations that Goldman would perform just as well or better. While Goldman trades nearly every kind of financial instrument on
The bank's trading division had net revenue of
Goldman's investment banking business grew profits in the quarter, but its growth was not all the different from its competition. Investment banking net revenue was
The bank also made
Firm-wide, the bank's had net revenue of
Goldman Sachs's stock dropped
Parke Bancorp posts 1Q profit
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