Goldman Stock Slides After FICC Unexpectedly Misses Despite Highest Overall Profit In 5 Years
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Source: Zero Hedge
Published: 2026-04-13 23:18 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Military & Defence, Iran, Economy & Finance, Financial Markets, Business & Economy, War & Conflict
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Snippet:
Goldman Sachs reported its highest quarterly profit in five years, as the bank's equities traders beat their own previous all-time quarterly high revenue by more than $1 billion thanks to a surge in market volatility due to the war in Iran; however this stellar performance in equities was offset by an unexpected drop in FICC revenues.
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