Goldman Sachs Gains Ground in High-Stakes $19 Billion Race
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Goldman Sachs Gains Ground in High-Stakes $19 Billion Race
This article first appeared on GuruFocus. Goldman Sachs (NYSE:GS) is expected to emerge as Wall Street's biggest equities-trading winner in the third quarter, with analysts forecasting roughly $5.1 billion in stock-trading revenue as the largest U.S. banks prepare to report earnings next week. …
With strong performance in equity trading, but also signs of weakening in other key activities, the largest US banks are preparing for the announcement of their results. Analyst estimates compiled by Bloomberg suggest that equity trading revenue for Wall Street's largest banking groups could reach $19 billion in the third quarter of 2026. Goldman Sachs is expected to be the highest performer, with revenues of $5.1 billion. In second place is Mor…
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