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Goldman Sachs gets an embarrassing start to the year


Goldman Sachs CEO Lloyd Blankfein has delivered a clunker. The white-shoe investment bank posted disappointing earnings for the first quarter, with trading revenue — traditionally the bank’s big money-maker — ceding ground to rivals with less-fancy names. Despite easy comparisons with last year’s abysmal first quarter, when stocks and bonds had slumped amid corporate skittishness...
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Source: New York Post


13:54, April 18, 2017 Kevin Dugan

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