Goldman Sachs provided a rare look into the performance of the units that make up fixed-income trading, the firm’s largest source of revenue.
CEO Lloyd Blankfein spoke to investors at a Credit Suisse event in Florida, his first presentation at an investor conference in more than a year.
Goldman typically has only provided its total revenue from fixed-income trading, which produced a Wall Street record $21.9 billion in 2009 and declined to $8.46 billion last year.
Credit trading followed interest rates, producing 25 percent of fixed-income revenue. Mortgages and currencies trading each generated about 16 percent of revenue, while commodities accounted for about 14 percent, the firm said.
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