How the Bankers Carried Goldman Sachs Through a Trading Slump

Goldman Sachs Group Inc. headquarters in New York on Jan. 13 Photograph by Ron Antonelli/Bloomberg

IPOs gush a tide of cash throughout Wall Street, but the biggest piles typically wash up around the corner at 200 West Street, the headquarters of Goldman Sachs. Last quarter was no different: Goldman’s vaunted squad of investment bankers saved the firm from a big slump in trading, which has been plaguing the industry for the past few months.

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