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Goldman Sachs CEO warns fixed income may slow

Goldman Sachs CEO David Solomon said the bank’s fixed-income trading business faces a softer third quarter, while equities and asset management remain strong, per the WSJ.

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Goldman Sachs Chief Executive David Solomon warned that the bank's fixed-income trading business could be softer in the third quarter, while equities and asset management remained strong. Goldman's fixed income, currencies and commodities business has been softer than its equities business.