Goldman Sachs loses around $200 million in market upheaval following SVB collapse – FT

Regulators discuss crisis with focus on Credit Suisse as March declines have mounted

(Reuters) -Goldman Sachs Group Inc lost around $200 million in the market turmoil after the collapse of Silicon Valley Bank, the Financial Times reported on Friday, citing people familiar with the matter.

The losses came from a trading desk at Goldman that handles interest rate products, according to the report.

Goldman declined to comment.

Source: https://finance.yahoo.com/news/goldman-sachs-loses-around-200-184218073.html