Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Goldman Sachs Lost Money on Two Days in Third Quarter

Goldman Sachs Lost Money on Two Days in Third Quarter
The new headquarters building of Goldman Sachs Group Inc. Photographer: Ramin Talaie/Bloomberg

Goldman Sachs Group Inc., the bank that makes the most revenue trading stocks and bonds, lost money in that business on two days in the third quarter and made more than $100 million on seven days.

Losses on Goldman Sachs’s trading desks were between $25 million and zero on two days during the period that ended on Sept. 30, according to a filing today by the New York-based company with the U.S. Securities and Exchange Commission. The firm’s traders made between $75 million and $100 million on 24 days, the filing showed.

Trading revenue at eight of the biggest Wall Street firms declined an average 12 percent through September from the same period a year ago, according to a Bloomberg analysis of company filings. Goldman Sachs, which generated 69 percent of its revenue this year from trading, blamed a 36 percent decline in third-quarter trading revenue on reduced client activity.

Of the 66 trading days in the quarter, Goldman Sachs traders made money on 64 days, the filing showed.

*T *T

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.