Commentary

Goldman Sachs holds top spot as equities trading buoys Wall Street earnings

Traders took a staring role in the latest results season, blowing analyst predictions out of the water

Wall Street’s strength bodes well for European banks
Wall Street’s strength bodes well for European banks Photo: Jin Lee/Getty Images

David Wighton is a columnist for Financial News

As usual, it was the dealmakers who stole the limelight in the Wall Street bank earnings season. An upturn in investment banking, particularly debt underwriting, helped power the big five banks to better-than-expected third-quarter profits.

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