OPINION
NEWS
REGIONS
WORLD
BUSINESS
SPORTS
ENTERTAINMENT
LIFESTYLE
THE SUNDAY TIMES
SPECIAL FEATURES
SPECIAL SECTIONS
TMT NEWSWIRE
FAST TIMES
LEGAL ADVICE
CAMPUS PRESS
VIDEOS
EXPATS & DIPLOMATS
PHOTOS
BUSINESS FORUM
PODCASTS
RESOURCES
WEATHER
MARKET OVERVIEW
CLASSIFIEDS
EXAM RESULTS
TMT DIGITAL EDITION
TMT CSI
TMT 126TH ANNIVERSARY
QUIZZES
GAMES
Business > Top Business
Goldman Sachs Q3 profits fall 33% as trading, investment banking remains stagnant
By Associated Press
Oct 18, 2023 12:20 am

NEW YORK: Goldman Sachs saw its third-quarter earnings fall 33 percent, with the investment bank seeing muted market conditions that allowed fewer deals and market making opportunities for the firm.

The bank also saw a notable rise in expenses in the quarter, as the bank had to write down its investment in lending platform GreenSky as well as its real estate investments.

Related Articles

Central Azucarera de Tarlac gives notice of annual stockholders' meeting

Non-tax revenues to boost collection

BOJ keen on raising interest rates – reports

Economy to remain robust amid currency concerns

PH-Korea FTA takes effect Dec 31

Update on cement dumping case out in Jan

The appeal and drawbacks of online shopping