Goldman Sachs Loses $200M in Market Upheaval

(Dreamstime)

Friday, 17 March 2023 02:51 PM EDT ET

Goldman Sachs Group Inc. lost around $200 million in the market turmoil after the collapse of Silicon Valley Bank, the Financial Times reported Friday, citing people familiar with the matter.

The losses came from a trading desk at Goldman that handles interest rate products, according to the report.

Goldman did not immediately respond to a Reuters' request for comment.

© 2026 Thomson/Reuters. All rights reserved.


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Goldman Sachs Group Inc. lost around $200 million in the market turmoil after the collapse of Silicon Valley Bank, the Financial Times reported Friday, citing people familiar with the matter.
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Friday, 17 March 2023 02:51 PM
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