Goldman Sachs CEO issues warning: Q3 trading business expected to decline by 10%.
Goldman Sachs (GS.US) CEO David Solomon warned on Monday that due to the decline in fixed income business, the company's third quarter trading revenue is expected to decrease by 10% year-on-year.
It is reported that the capital requirements for large banks in the USA will be halved. Wall Street big banks are rising in anticipation.
Major banks in the USA are facing a significant reduction in the required capital increase to 9%, which is a substantial decrease compared to the original plan.
Citigroup Options Spot-On: On September 9th, 78,652 Contracts Were Traded, With 2.31 Million Open Interest
Citigroup strategist: Client allocation reflects a bearish sentiment in the US stock market.
Citigroup's strategist believes that the sell-off in the US stock market last week may lead to further declines in major stock indices. Strategist Chris Montagu and others stated in a report to clients on Monday that the closure of long positions in the S&P 500 index, coupled with an increase in short positions in the Nasdaq 100 index, both indicate a shift in risk preference towards a more direct put bias. They said that risk-mitigating operations by hedge funds on the S&P 500 index have reduced the total exposure to only half of the mid-July peak. The potential long position closure pressure on the Nasdaq 100 index components is higher than that of the S&P index. Montagu wrote that long positions were
Institutional Owners May Ignore Citigroup Inc.'s (NYSE:C) Recent US$6.8b Market Cap Decline as Longer-term Profits Stay in the Green
Express News | Live On CNBC, Jim Lebenthal Announces Bought More Citigroup
I can only shake my head at my shortsightedness back then. 
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