Goldman may face US$9 billion in fines for 1MDB
Since November, Goldman has lost some US$12 billion in lost market cap, which Citi attributes to concerns over 1Malaysia Development Bhd. – EPA pic, March 2, 2019.
GOLDMAN Sachs Group Inc may face up to US$9 billion in fines for its involvement in the 1Malaysia Development Bhd case, said Citi analysts.Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
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Goldman faces as much as RM37b in US fines over 1MDB, says report | Malay MailKUALA LUMPUR, March 2 ― Goldman Sachs Group Inc could face fines of up to US$9 billion (RM37 billion) in the United States due to a “tough legal setup” in connection with the 1Malaysia Development Berhad (1MDB) scandal, Bloomberg reported. Citing a note by Citi analysts Keith Horowitz and...
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Goldman faces as much as RM37b in US fines over 1MDB, says report | Malay MailKUALA LUMPUR, March 2 ― Goldman Sachs Group Inc could face fines of up to US$9 billion (RM37 billion) in the United States due to a “tough legal setup” in connection with the 1Malaysia Development Berhad (1MDB) scandal, Bloomberg reported. Citing a note by Citi analysts Keith Horowitz and...
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