Market News
Goldman Sachs loses around $200 mln in market upheaval following SVB collapse - FT
March 17 (Reuters) - Goldman Sachs Group Inc (GS.N) 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 did not immediately respond to a Reuters' request for comment.
Reporting by Niket Nishant in Bengaluru; Editing by Shounak Dasgupta
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