Tags: goldman sachs | banking turmoil | market volatility

Goldman Sachs Loses $200M in Market Upheaval

Goldman Sachs Loses $200M in Market Upheaval
(Dreamstime)

Friday, 17 March 2023 02:51 PM EDT

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.

© 2024 Thomson/Reuters. All rights reserved.


StreetTalk
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.
goldman sachs, banking turmoil, market volatility
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2023-51-17
Friday, 17 March 2023 02:51 PM
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