Goldman Sachs traders made more than $100m in revenues on each of a record 46 days during the second quarter, while losing money on just two days, the bank said yesterday, in a filing that underscored the strength of its trading operations.
Goldman also said lawmakers, regulators and shareholders had asked about its bonus awards, a subject that has generated fevered interest this year as the bank has reported strong profits. It “received inquiries from various governmental agencies and self-regulatory organisations regarding the firm's compensation processes” and was co-operating with the requests.
Goldman last month reported $2.7bn in second-quarter profits, reflecting record revenues of $6.8bn from trading fixed- income securities, commodities, currencies and interest rates. Those so-called FICC revenues were up from the previous high of $6.6bn in the first quarter.