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Sustainable Business

Breakingviews

Breakingviews - Goldman progress masked by trading boom, bad deeds

It's nearly a year since Goldman Sachs boss David Solomon laid out ambitious targets for his Wall Street firm, but it might as well be a lifetime. The bank’s 2020 performance was buffeted wildly by a combination of good times for traders, terrible times for almost everyone else, and a legacy of bad behavior in Goldman’s own ranks. Remove the noise and Goldman still hit a sweet spot.

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