Financial Times FT.com

Goldman Sachs trounces expectations

By Ben White in New York

Published: March 13 2007 14:29 | Last updated: March 13 2007 19:56

Goldman Sachs on Tuesday reported another record quarter and said it saw no sign that turmoil in the subprime mortgage market was spreading to prime mortgages or other areas of the capital markets.

But the bank’s comments failed to ease investor anxiety as Accredited Home Lenders said it was having liquidity problems and the New York Stock Exchange moved to delist New Century Financial, the second largest US subprime lender.

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