Goldman Traders Had Most Losing Days in Seven Years Last Quarter
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The end of 2018 proved to be a rough one for Wall Street. Goldman Sachs Group Inc. just showed how bad it got.
The bank’s traders posted losses on at least 19 days in the last quarter of the year, including a day where losses approached almost $100 million, according to its annual regulatory disclosure. It was the worst showing for the bank by that measure since 2011, according to filing data reviewed by Bloomberg.