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Live Updates  >  Live Update Details

2026-09-17 03:16:11

Goldman Sachs CEO David Soros warned that the bank's fixed income trading business would underperform in previous quarters, and overall expenses were trending upward. Speaking at an industry conference hosted by Barclays on Wednesday, Soros revealed that the fixed income trading business underperformed the equity trading business in the third fiscal quarter, which remains "very strong." He also mentioned that given the intensive client-related business activities this quarter, coupled with the company's accelerated investment pace in some technology sectors, Goldman Sachs expects its costs to rise.

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