Goldman Sachs Market Making Revenues Spike Higher 164% from Q4

[kreslik.news]

After several major prime brokers have reported earnings late last week, Goldman Sachs is the next heavyweight to break records. The company’s market making operations have registered a 164 percent increase in revenues when compared to last quarter and a 33 percent increase when compared to the first quarter of 2017. The total amounted to $3.2 billion, a multi-year high for the company.

Overall, Goldman Sachs’ revenues in the first quarter from Institutional Client Services were $4.39 billion. The number is higher by 31 percent when compared to the first quarter of 2017 and by 85 percent when compared to the ... (read more)