Goldman Sachs is making a multi-year investment in "people, platforms and products" within its global equities business, mirroring rivals in the chase for top electronic-trading talent.

Chief executive Lloyd Blankfein said today that Goldman wants to be a top-three bank in all its markets businesses — and that recent investments in equities means it expects a "significant increase in market share". Last year, revenues in the division dropped by 7% on 2016.