At the 2024 Barclays Global Financial Services Conference, The Goldman Sachs Group, Inc.’s (GS) CEO, David Solomon, stated that the firm’s trading revenues will probably slide 10% in the third quarter of 2024. The decline will follow a very strong quarter for trading in the third quarter of 2023, when equities revenues jumped 8%.This decline owed to a tough year-over-year comparison and difficult trading conditions in August for fixed-income markets.Solomon also stated that investment banking (IB) continues ...