The bank's clients are likely involved in the basis trade, rather than making a directional bet, said an analyst.

The performance of Goldman Sachs' trading desks was a highlight in the quarter, underscoring the firm's ability to capitalize on market conditions. The analyst from Oppenheimer noted that while ...

Hedge funds were already waiting to see if a U.S.-fostered, home-grown artificial intelligence boom would continue as China's new AI model was emerging to challenge U.S. dominance in the sector, a ...

Goldman's trading desk said, a significant one-day drop for funds that in a good year like 2024 make 15%. Goldman Sachs does not reveal dollar figures for the size of the hedge funds its teams ...

Goldman Sachs drops its diversity policy for advising boards, citing progress in corporate behavior and diversity.

Revenue from big Wall Street desks dealing in stocks, bonds and other instruments surged in the fourth quarter from a year ago. Trading revenue at Citigroup, Goldman Sachs and JPMorgan Chase leapt ...