Goldman left undercovered in Burberry after block surprise

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Goldman left undercovered in Burberry after block surprise

Aidan Gregory
May 09, 2018 04:00 pm
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File photo dated 01/02/13 of the Burberry shop in New Bond Street, London. The fashion giant has appointed Gerry Murphy as its new chairman. | Jonathan Brady/PA Wire/PA Images

A sale of Burberry shares by Group Bruxelles Lambert caught investors by surprise on Tuesday and left Goldman Sachs believed to be holding stock or nursing a loss in the luxury fashion house after being unable to cover the deal in full.

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Aidan Gregory
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