Changes in Wall Street in past 10 years?

I read that 10 years ago, 80% of Goldman Sachs profits came from investment banking, 20% from trading,

and now, 80% of profits come from trading and 20% from investment banking


So what has changed?
 
Quote from Newmoney24:

I read that 10 years ago, 80% of Goldman Sachs profits came from investment banking, 20% from trading,

and now, 80% of profits come from trading and 20% from investment banking


So what has changed?


HFT is changing Wall street. HFT will blow small traders away




More than 90% of small traders lose! They just lose!



http://www.bloomberg.com/news/2012-...-seen-profiting-at-small-firm-expense-1-.html


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P.S Goldman and others are blending into HFT technology
 
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