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Goldman Sachs President and COO Gary Cohn defended the bank 's trading business, .Cohn said there was little correlation between the average size of a bank 's fixed income and equities trading revenue and the firm 's overall .
For instance, Goldman Sachs had sales and trading revenue of $18 billion last year, compared with $5 billion from activities like advising on . LONDON Reuters - Banks are facing a slump of 15 percent in market trading revenue in the first quarter, spoiling what is normally the most . In 2010, for example, Bank of America earned something like $10 billion worth of revenue from trading, and that was from the Merrill Lynch . ysts from Credit Suisse Group AG predicted that the five biggest Wall Street banks would report trading revenue of $19.1 billion for the first .
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