DBRS confirms Goldman

DBRS said it confirmed Goldman Sachs Group, Inc.'s issuer and senior debt rating of A (high) and short-term rating of R-1 (middle).

The trend remains stable.

Underpinning the ratings are Goldman's diversified businesses in its global franchise, according to the agency.

Ratings consider the resiliency of this franchise, its strong performance across its many capital markets businesses and the strength of its underlying earnings during this challenging cycle, the agency said.

Ratings reflect Goldman's improved risk profile, strengthened capitalization and enhanced liquidity, the agency noted.

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