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Warren Buffett's Berkshire Hathaway Inc. is investing at least $5 billion in Goldman Sachs, a huge vote of confidence for one of the survivors of the credit crisis that felled two of its investment banking peers.
KUALA LUMPUR (Reuters): Malaysia is seeking US$7.5bil (RM31.3bil) in reparations from Goldman Sachs Group Inc over its dealings with scandal-linked state fund 1MDB, the Financial Times reported on Friday, citing Finance Minister Lim Guan Eng.
KUALA LUMPUR: Malaysia is seeking US$7.5bil in reparations from Goldman Sachs Group Inc over its dealings with scandal-linked state fund 1MDB, the Financial Times reported on Friday, citing the country’s finance minister.
DUBAI/ABU DHABI (Reuters): Abu Dhabi state investor Mubadala has suspended new business dealings with Goldman Sachs since its subsidiary filed a lawsuit in November against the US bank and others to recover losses suffered through its dealings with Malaysian state fund 1MDB.
NEW YORK: Goldman Sachs Group Inc has agreed to a settlement worth $1.2 billion to resolve a U.S. regulator's claims the bank sold Fannie Mae and Freddie Mac faulty mortgage bonds, the regulator announced Friday.
NEW YORK: Goldman Sachs Group Inc. was sued by an Abu Dhabi investment fund that claims it suffered losses from the bank’s “central role” in the 1MDB Malaysian fraud and bribery scandal.
PETALING JAYA: US prosecutors have promised to help return money Goldman Sachs Group Inc received for its dealings with troubled Malaysian state fund 1Malaysia Development Bhd (1MDB), says Tun Dr Mahathir Mohamad.
KUALA LUMPUR (Reuters): Malaysian prosecutors on Monday said they would issue summonses to units of US investment bank Goldman Sachs in London and Hong Kong, requiring them to respond by June to criminal charges filed against them last year.