Goldman Said to Mull Cutting Fixed-Income Staff More Than 5%

  • Bank to decide after evaluating first-quarter client activity
  • Firm has stuck by the fixed-income unit as rivals retreat

Pedestrians walk past Goldman Sachs headquarters in New York, U.S.

Photographer: Jin Lee/Bloomberg

Goldman Sachs Group Inc. is considering cutting more than 5 percent of its fixed-income traders and salesmen later this quarter as it contends with an industrywide revenue slump, according to a person with knowledge of the matter.

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