interesting VAR value of these firms per day ...
http://www.bloomberg.com/news/2011-...-debt-trading-top-goldman-for-first-time.html
Value at Risk
<b>Morgan Stanleyâs average value-at-risk, or VaR, a measure of how much it could lose in the markets in a single day, rose to $145 million from $121 million in the first quarter</b>, while Goldman Sachsâs fell to $101 million from $113 million.
Goldman Sachs attributed the plunge in its own fixed-income trading during the quarter to the firmâs decision to curb risk to the lowest level in almost five years because traders were struggling with market movements driven by political developments. David A. Viniar, the New York-based firmâs chief financial officer, said he didnât think clients were abandoning Goldman Sachs.
âVolumes were lower, but they werenât a lot lower, which is why I tell you that we donât think that thereâs any impairment of our franchise,â he told analysts on a conference call on July 19.
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<< breakup of their revenue . >>
Fixed-income trading generated $2.09 billion for Morgan Stanley and investment banking brought in $1.47 billion, while Goldman Sachs reported $1.6 billion and $1.45 billion, respectively. New York-based Morgan Stanley has never outperformed its larger rival in both those businesses simultaneously in the 11 years itâs reported fixed-income trading results, company filings show.
http://www.bloomberg.com/news/2011-...-debt-trading-top-goldman-for-first-time.html
Value at Risk
<b>Morgan Stanleyâs average value-at-risk, or VaR, a measure of how much it could lose in the markets in a single day, rose to $145 million from $121 million in the first quarter</b>, while Goldman Sachsâs fell to $101 million from $113 million.
Goldman Sachs attributed the plunge in its own fixed-income trading during the quarter to the firmâs decision to curb risk to the lowest level in almost five years because traders were struggling with market movements driven by political developments. David A. Viniar, the New York-based firmâs chief financial officer, said he didnât think clients were abandoning Goldman Sachs.
âVolumes were lower, but they werenât a lot lower, which is why I tell you that we donât think that thereâs any impairment of our franchise,â he told analysts on a conference call on July 19.
------
<< breakup of their revenue . >>
Fixed-income trading generated $2.09 billion for Morgan Stanley and investment banking brought in $1.47 billion, while Goldman Sachs reported $1.6 billion and $1.45 billion, respectively. New York-based Morgan Stanley has never outperformed its larger rival in both those businesses simultaneously in the 11 years itâs reported fixed-income trading results, company filings show.
Is it this thread? $CL_F Do you guys use the same tags there? I registered under "bce111" but did another one for "BCE". It's a branding thing.