DBRS: Goldman Sachs unaffected

DBRS commented that its ratings of the Goldman Sachs Group, Inc. remain unchanged after the company's 1Q10 earnings announcement.

DBRS said it rates the issuer & senior debt at A (high) with a stable trend.

Goldman reported net earnings of $3.3 billion for the quarter following net earnings of $4.8 billion in 4Q09 and $1.7 billion in the prior year's quarter, the agency said, noting that earnings were driven by strong revenue generation across all businesses, with exceptional results in fixed income, currency and commodities.

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