The haves and have-nots of the US banking sector

Right strategy: Office workers walk near the Goldman Sachs Group headquarters in New York. The bank has lifted returns on equity the most among peers by holding back pay growth for bankers while revenues jumped. — Bloomberg

A GROWING split between the haves and have-nots in US banking was laid bare in four lenders’ full-year earnings on Wednesday.

Goldman Sachs Group Inc lifted returns on equity the most among peers by holding back pay growth for bankers while revenues jumped.