Traders at Goldman Sachs made more than $100m in profits on 36 of the 65 days of the third quarter, highlighting the trading bonanza sweeping Wall Street as central banks continue to pump billions of dollars into the financial system.
Goldman said yesterday that it had recorded only one daily trading loss in the quarter.
The performance – revealed in a regulatory filing – compares with two losing trading days in the previous quarter and suggests the authorities' drive to revive markets after the crisis is yielding huge windfalls for some financial institutions.
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