CREDIT SUISSE PREDICTS GOLDMAN LOSSES

Goldman Sachs is expected to reveal its second ever quarterly loss when it reports next week, according to Credit Suisse analysts. They forecast the Wall Street giant will report a loss of $392m (£250m) for the three months to the end of September. Barclays predicts losses in the region of £180m. A quarterly loss for Goldman Sachs, led by Lloyd Blankfein (pictured), would be the first since 2008.