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SINGAPORE: Goldman Sachs Chief Executive David Solomon said on Wednesday it was "very distressing" that two former employees "blatantly broke the law" in their dealings with Malaysian state fund 1MDB.
SINGAPORE: Singapore’s central bank has issued a lifetime prohibition order against former Goldman Sachs’ banker Tim Leissner after he admitted to charges related to an investigation into scandal-plagued 1Malaysia Development Bhd (1MDB).
NEW YORK: Federal prosecutors in Los Angeles drafted a criminal complaint against a former Goldman Sachs banker early this year for his alleged role in a vast Malaysian fraud, but the charges were never filed because of a Justice Department turf battle, according to two people familiar with the investigation.
SINGAPORE: In a private dining room at Singapore's Taste Paradise restaurant, over a meal of abalone and suckling pig, two Goldman Sachs Group Inc bankers were explaining a US$1.75 billion bond offering to six executives of a Swiss bank.
NEW YORK: Goldman Sachs Group Inc and Morgan Stanley are trading below their tangible book value for the first time in more than two years.
NEW YORK: The private equity arm of Goldman Sachs Group Inc and Vestar Capital Partners are nearing a deal to buy Hearthside Food Solutions LLC for more than $1.1 billion, people familiar with the matter said on Friday.
DUBAI/RIYADH: Goldman Sachs received approval on Sunday to trade equities in Saudi Arabia, joining the growing band of western investment banks and fund managers expanding in the kingdom.
NEW YORK: Wall Street bank Goldman Sachs Group Inc is combining its private-investing arms, with the resulting new division to have about $140 billion in assets, the Wall Street Journal reported on Sunday, citing people familiar with the matter.