Goldman Sachs reports Q3 FICC net revenue $2.96B, down 12% y/y

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Net revenues in FICC were $2.96 billion, 12% lower than the third quarter of 2023, reflecting significantly lower net revenues in FICC intermediation, due to significantly lower net revenues in interest rate products and commodities, partially offset by significantly higher net revenues in currencies and credit products and higher net revenues in mortgages. Net revenues in Equities were $3.50 billion, 18% higher than the third quarter of 2023.

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