Goldman risk group examines 2021 market events for lessons

Goldman's chief executive, David Solomon, said last week that the bank's risk controls on Archegos "worked well." That helped Goldman avoid losses on positions that rivals including Japanese bank Nomura Holdings Inc and Switzerland's Credit Suisse Group AG are now facing.

NEW YORK: Goldman Sachs Group Inc executives are examining how well the bank navigated several major market events this year that caused extreme volatility, people familiar with the matter told Reuters.

The review will include a market-wide fire sale of stocks triggered by Archegos Capital Management's default on margin calls at banks including Goldman, the sources said.