CREDIT SUISSE PREDICTS GOLDMAN LOSSES

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ref="http://www.cityam.com/company/goldman-sachs">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.