Goldman and Lehman results buoy market

Goldman Sachs and Lehman Brothers published better than expected first-quarter results yesterday, sparking a recovery in both banks’ share prices. Lehman in particular had taken a battering in Monday’s trading, dropping 20% on the back of fears it could face similar liquidity problems to Bear Stearns.

Despite recording writedowns – Goldman Sachs lost about $1 billion on residential mortgages and another $1 billion on leveraged loans; Lehman lost $1.8 billion, mostly in residential and commercial

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here