Goldman Sachs reported third-quarter earnings that missed analyst estimates on Tuesday morning. The firm also reported investment-banking revenue that declined 15% from the prior period.
The investment bank also took a $US267 million markdown on public investments in companies like Uber and Tradeweb Markets. It marked the worst performance in three years for the bank’s equity investments, according to Bloomberg.
Goldman stock fell as much as 1.9% on the report.
