New York — Goldman Sachs topped analysts' revenue estimates on Wednesday as stronger equities trading revenue cushioned bond trading losses, making it the only Wall Street bank so far to show growth in fourth-quarter trading revenue. By contrast, the trading units at JPMorgan Chase and Citigroup took a beating in the fourth quarter, as sharp losses in bond trading outweighed any gains from stocks trading. At Goldman, which is more sensitive to market fluctuations than its peers, overall trading revenue rose 2% in the three months ended December. Equities trading revenue jumped 17% to $1.60bn, while bond trading revenue slid 18% to $822m, far from its peak of more than $6bn. Citi's bond trading revenue fell 21%, while JPMorgan saw a 16% fall. Equities trading at both banks climbed. Goldman's net earnings attributable to common shareholders reached $2.32bn or $6.04 per share in the three months ended December 31, compared with a loss of $2.14bn or $5.51 per share a year earlier. Analy...

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