Goldman’s Traders Turn In Worst First Half of Blankfein’s Reign
- Second-quarter fixed-income trading revenue tumbles 40%
- Every other business line surpasses analysts’ estimates
Goldman Sachs 2Q FICC Trading Misses Estimates
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Lloyd Blankfein’s roots are letting him down.
Goldman Sachs Group Inc. traders turned in their worst first-half performance since Lloyd Blankfein rose from that business to become chief executive officer in 2006.