Goldman Sachs Group Inc. (GS)is warning investors of a sharp slowdown in its investment bank from the bumper gains a year ago, as the bank hunkers down in the face of an “extraordinarily challenging” economic backdrop.

Goldman Flags 25% Drop in Trading Revenue as Job Cuts Loom  https://www.bloomberg.com/news/articles/2023-06-01/goldman-says-more-job-cuts-coming-amid-tougher-environment