The value of shares at the bank has fallen 43 per cent in 2011 and analysts have warned that the third-quarter period has seen a significant decline in investment banking business, such as that regarding bond trading and merger advice, Bloomberg reports.
Such a downward trend for Goldman Sachs - which is headquartered in New York but has offices located across the globe - comes shortly after it reported considerable profits in 2009 and early 2010, when the lender enjoyed a prosperous trading record and made the most of rising markets.
Richard Staite of Atlantic Equities in London - who was one of the experts consulted - said: "You're going to see a big divergence between very poor earnings from pure capital-markets businesses and quite solid performance from the pure retail banks."
The industry figure noted this will be particularly apparent for those that have a mortgage-origination business.
By Tony Aynsley