{
  "id": 14213055,
  "title": "Goldman’s equity traders post big haul as credit, rates miss",
  "url": "https://urgent.news/2026/10/13/goldmans-equity-traders-post-big-haul-as-credit-rates-miss",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-13T13:34:46.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/banking-finance/goldmans-equity-traders-post-big-haul-credit-rates-miss"
  },
  "original_language": "en",
  "account": "Goldman Sachs' equities traders surpassed expectations in the third quarter, reporting revenue of US$6.44 billion for the period ending September. This marked a decline from the all-time high of US$7.42 billion in the previous quarter, but still outpaced analyst expectations. Fixed-income and commodities traders brought in US$3.47 billion, significantly below expectations and a 1% drop from the year-ago period, following CEO David Solomon's warning of a slower quarter. The company's dealmaking machine, particularly its investment bankers, contributed to the growth, generating a higher-than-expected fee haul of US$3.22 billion. Goldman's asset-management unit also recorded record management fees. Despite the strong performance, the bank's shares fell in the face of rising bond yields affecting capital-markets activity. CEO Solomon cited a \"complicated operating environment\" and uncertainty as factors impacting the bank's performance.",
  "summary": "Fixed-income and commodities traders bring in US$3.47 billion, much lower than expected",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}