Goldman Reports Solid Q1 FX Results Despite Lower Trading Volumes
NON-BANKS
NEW YORK--In its first quarter as a publicly-traded company, Goldman Sachs enjoyed a strong showing in FX, according to officials.
The firm does not break out its forex results, but does report total income from Fixed Income, Currencies and Commodities trading (FICC) of $911 million for the quarter ended May 31. The result was 2 per cent off the $934 million earned last year, but an increase of 4 per cent on the prior quarter.
"All of our businesses and regions did reasonably well, and earnings
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