Goldman Sachs CEO defends company culture as 1MDB probe drags stock lower


  • Nation
  • Saturday, 22 Dec 2018

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NEW YORK: (Bloomberg) Goldman Sachs Group Inc chief executive officer David Solomon defended the firm's culture and oversight as the bank faces more fallout from a high-profile corruption probe that has spanned continents.

"We believe our culture and our processes around our due diligence and compliance was strong at the time and is even stronger today," Solomon said in a year-end message recorded for the firm's employees.

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