Goldman CEO says bank’s risk controls worked well during Archegos fire sale

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  • CNBC Television published this video item, entitled “Goldman CEO says bank’s risk controls worked well during Archegos fire sale” – below is their description.

    Goldman Sachs CEO David Solomon said Tuesday that his bank’s risk management systems performed well after the forced unwind from a highly levered fund tanked several stocks in the U.S. and China and took a multi-billion dollar bite out of other banks.

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    In This Story: Goldman Sachs

    The Goldman Sachs Group, Inc. (NYSE: GS), is an American multinational investment bank and financial services company headquartered in New York City. It offers services in investment management, securities, asset management, prime brokerage, and securities underwriting.

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