Goldman Sachs chief executive David  Solomon at a hearing  on Capitol Hill in Washington. He is gambling on bank’s ability to do new things following decline in fixed-income trading. Photograph: Aaron P Bernstein/Reuters

In the aftermath of the financial crisis, as most trading houses licked their wounds and put safety before sales, Goldman Sachs chose a different path(...)

Goldman Sachs’s fixed-income division has benefited from efforts to diversify away from its traditional clients into the wider corporate sector. Photograph: Brendan McDermid/Reuters

Goldman Sachs has appointed veteran fixed-income executive James Esposito as co-head of its securities division, in the first leadership change since (...)

Morgan Stanley reported a surprise 9 per cent increase in fixed-income trading revenue. Photograph: Reuters/Mike Blake

Morgan Stanley posted a jump in first-quarter trading revenue while Goldman Sachs’s dropped, the first such divergence in two years. Mor(...)