Share on StockTwits

On Wednesday, President and Chief Operating Officer Gary Cohn said Goldman Sachs Group has cut fixed-income trading staff by 10 percent since 2010 to reduce costs. Cohn echoed recent comments from executives at other banks that markets remain weak this quarter, with low volatility and declining trading volumes.



“Goldman Has Cut Bond Trading Staff By 10 Percent Since 2010: COO” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.