Tag:
Equity Trading
Latest Headlines
Latest Headlines
ETF settlement fails--what's the big deal?
The controversial study from the Kauffman Report on systemic risks posed by exchange traded funds (ETFs) was roundly criticized by the industry when it was released last year. The foundation followed up with another report in March about ETFs and settlement fails , which has also been c
Goldman Sachs earnings surprisingly weak
Live by the trade, die by the trade. So it goes for Goldman Sachs ( NYSE: GS ). The controversial Wall Street bank posted earnings of $2.39 billion, or $3.79 a share last quarter, down from $4.95 billion, or $8.20 a share, a year ago.
The 52 percent decline was a bit more than analysts expec
Move over Goldman Sachs: Morgan Stanley's trading shines
Morgan Stanley (NYSE: MS ) was criticized for cutting back its trading activity in the wake of the credit crunch, ceding the market to companies such as Goldman Sachs (NYSE: GS ), who took advantage of wide spreads and reduced competition to generate record trading revenues. Morgan Stanley v
Goldman Sachs earnings to tumble?
Goldman Sachs ( GS ), as you know, really took advantage of the great industry-wide pullback in risk in the wake of the financial meltdown. While other banks scaled back in trading, Goldman Sachs charged forward, and reaped the rewards. The lack of competition led to soaring spreads and fat comm
