Strong forex fails to cover fixed-income losses in Q4

The fixed-income, currencies and commodities business (FICC) at Goldman Sachs made a net loss of $3.4 billion, collapsing from $3.3 billion in net revenues in the fourth quarter of 2007. The bank said net revenues in currencies and commodities were solid, but lower compared with Q4 2007. Interest rate products were strong and up significantly year on year.

The FICC losses were rooted in investments including corporate debt and private and public equities, and trading in credit products. Goldman

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: