Financial Times FT.com

Goldman has record trading days

By Greg Farrell and Francesco Guerrera in New York

Published: August 5 2009 20:30 | Last updated: August 5 2009 20:30

Goldman Sachs traders made more than $100m in revenues on each of a record 46 days during the second quarter, while losing money on just two days, the bank said on Wednesday, in a filing that underscored the strength of its trading operations.

Goldman also said lawmakers, regulators and shareholders had asked about its bonus awards, a subject that has generated fevered interest this year as the bank has reported strong profits. It “received inquiries from various governmental agencies and self-regulatory organisations regarding the firm’s compensation processes” and was co-operating with the requests.

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