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Goldman said exonerates $250m trader

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Goldman Sachs has conducted an internal review of transactions made by an employee who generated $250m trading junk bonds, finding that they didn’t violate a ban on buying and selling for the bank’s own account, according to people with knowledge of the firm’s actions.

Citi derivatives trading team bring in $300m

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A team of Citigroup derivatives traders generated about $300m of revenue this year, thriving from serving companies and investors trying to anticipate central bank decisions, according to people with direct knowledge of the matter.

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Lloyd Fonzie Blankfein

Goldman Sachs generated about $10bn over the last five years from investments in funds, holdings that the firm is required to scale back because of the Volcker Rule.

Goldman - pushing the Volcker envelope ?

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Goldman Sachs has been on a shopping spree with its own money, snapping up apartments in Spain, a mall in Utah and a European ink company, all of which the bank hopes eventually to sell for a profit.

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Citi derivatives trading team bring in $300m

A team of Citigroup derivatives traders generated about $300m of revenue this year, thriving from serving companies and investors trying to anticipate central bank decisions, according to people with direct knowledge of the matter.