Goldman Sachs maintained its stranglehold on equities trading over the past three years, despite the financial crisis wiping 42% off industry equities revenues, according to Financial News analysis.

In the first half of 2007, Goldman Sachs made $5.6bn from equities, nearly 10% more than its nearest rival UBS. In the same period this year, it generated equities revenues of $3.6bn, opening up a gap of nearly 15% over its nearest rival.