The primary issuer of Goldman Sachs Group in Europe and Asia recorded debt valuation adjustment (DVA) loss of US$209m in H1 2024.
Goldman Sachs Finance Corp International, an active issuer entity of Goldman Sachs Group for structured products (warrants, certificates and notes) in Europe and Asia, has posted a net loss of US$10m for H1 2024, and a gain of US$78m year-on-year (YoY). This is mainly due to ‘lower net gains on the company’s lending activity and higher net losses on the company’s issuance and hedging activity,’ according to vehicle latest financial report. Directly owned by GS Global Ma