HALISTER: Goldman CFO Says Low Volatility Continuing Into Third Quarter

Goldman CFO Says Low Volatility Continuing Into Third Quarter

(Bloomberg) -- The depressed market volatility that hurt second-quarter trading revenue is carrying over to the current period, Goldman Sachs Group Inc. Chief Financial Officer Marty Chavez says.
  • Chavez declines to provide specifics on trading revenue so far this quarter during fixed-income call Tuesday with investors
  • Filling out the gap in client coverage in trading business is first priority, he says
  • Excluding treasuries from Goldman’s supplementary leverage ratio would boost it by 70 basis points, Treasurer Robin Vince says on call
  • “We are believers in risk-based” capital requirements, Vince says
To contact the reporter on this story: Dakin Campbell in New York at dcampbell27@bloomberg.net To contact the editors responsible for this story: Michael J. Moore at mmoore55@bloomberg.net Steven Crabill

Alert: HALISTER
Source: BFW (Bloomberg First Word)

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GS US (Goldman Sachs Group Inc/The)

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R Martin Chavez (Goldman Sachs Group Inc/The)
Robin A Vince (Goldman Sachs Group Inc/The)

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