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Goldman’s turnaround isn’t yet mission accomplished

While key parts of the firm’s strategy are really working, analysts are asked questions on the projectability of the strong performance

By

Telis Demos, The Wall Street Journal

Another surge in financing its institutional trading clients helped drive overall fixed income, currency and commodities trading up by 10% over the first quarter last year
Another surge in financing its institutional trading clients helped drive overall fixed income, currency and commodities trading up by 10% over the first quarter last year Photo: Angus Mordant/Getty Images

Goldman Sachs turned in a vintage quarter in its core Wall Street business.

But is that enough to convince investors about the success of the bank’s transformation?

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