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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.

© 2023 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
59
2023-51-17
Friday, 17 March 2023 02:51 PM
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