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The Wall Street Journal: Goldman cuts CEO Solomon’s pay by $10 million over 1MDB scandal

Goldman Sachs Group Inc. slashed Chief Executive David Solomon’s 2020 pay by 36%, punishment for the bank’s admission last year that it broke U.S. laws in its dealings with an investment fund at the heart of a global corruption ring......»»

Category: topSource: marketwatchJan 26th, 2021

Goldman CEO"s 2020 pay cut by 36% for 1MDB scandal, WSJ reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJan 26th, 2021

Luckin Coffee Raided By Chinese Market Regulators Following Fraud Scandal

Luckin Coffee Inc. (NASDAQ: LK) has confirmed the company is under investigation by a Chinese regulator. read more.....»»

Category: blogSource: benzingaApr 28th, 2020

Banned Thai opposition party says junta helped 1MDB cover-up

A banned Thai opposition party on Sunday accused the former military junta of helping cover up Malaysia's multi-billion-dollar 1MDB scandal, urging Thais to demand the truth ahead of a censure debate against Prime Minister Prayuth Chan-ocha......»»

Category: topSource: reutersFeb 23rd, 2020

Newly-banned Thai opposition party says junta helped 1MDB cover-up

A banned Thai opposition party on Sunday accused the former military junta of helping cover up Malaysia's multi-billion-dollar 1MDB scandal, urging Thais to demand the truth ahead of a censure debate against Prime Minister Prayuth Chan-ocha......»»

Category: topSource: reutersFeb 23rd, 2020

Federal Reserve bars former Goldman Sachs executive for role in 1MDB scandal

The U.S. Federal Reserve said on Tuesday that it permanently barred a former Goldman Sachs Group Inc executive from the banking industry over his role in Malaysia's multi-billion-dollar 1MDB corruption scandal......»»

Category: topSource: reutersFeb 4th, 2020

Goldman partner enmeshed in 1MDB scandal leaves bank, FT reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 4th, 2020

U.S. Federal Reserve bars Goldman Sachs executive from industry for role in 1MDB scandal

The U.S. Federal Reserve announced Tuesday it had permanently barred Goldman Sachs executive Andrea Vella from the banking industry for his role in Malaysia's 1MDB scandal......»»

Category: topSource: reutersFeb 4th, 2020

Former Wells Fargo CEO fined $17.5M for sales scandal

Federal regulators have slapped former Wells Fargo Chief Executive John Stumpf with a $17.5 million fine for his role in the bank's sales practices scandal. Stumpf also accepted a lifetime ban from the banking industry......»»

Category: topSource: moneycentralJan 23rd, 2020

Former Wells Fargo CEO fined $17.5 million for sales scandal

Federal regulators have slapped former Wells Fargo chief executive John Stumpf with a $17.5 million fine for his role in the bank's sales practices scandal......»»

Category: topSource: moneycentralJan 23rd, 2020

Former Wells Fargo CEO fined $17.5 million for sales scandal

Federal regulators have slapped former Wells Fargo chief executive John Stumpf with a $17.5 million fine for his role in the bank's sales practices scandal......»»

Category: topSource: moneycentralJan 23rd, 2020

Goldman profits slump on 1MDB legal woes

Goldman Sachs Group Inc reported a bigger-than-expected fall in quarterly profit on Wednesday as the Wall Street bank set aside more money to cover legal costs for the 1MDB corruption scandal, overshadowing a rebound in its trading business......»»

Category: topSource: reutersJan 15th, 2020

Malaysia anti-graft body says audio clips show Najib tried to cover-up 1MDB scandal

Malaysia’s former prime minister, Najib Razak, allegedly sought help from the United Arab Emirates' crown prince to fake evidence to cover up for the 1MDB scandal, according to audio clips revealed by Malaysian anti-graft officials on Wednesday......»»

Category: topSource: reutersJan 8th, 2020

Goldman Sachs in talks for Asia unit to admit fault in 1MDB, pay $2B fine

Goldman Sachs Group is negotiating a settlement of the 1MDB scandal that would include an admission of guilt by one of its subsidiaries instead of the parent company, according to people familiar... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkDec 24th, 2019

Goldman may admit guilt in 1MDB probe

Goldman Sachs is in talks with the U.S. government to pay up to $2 billion and admit guilt to resolve a probe into its role in a sweeping Malaysian corruption scandal, according to a source. Fred Katayama reports......»»

Category: videoSource: reutersDec 19th, 2019

Goldman in talks for Asia unit to admit guilt in 1MDB scandal

Goldman Sachs Group Inc. is negotiating a settlement of the 1MDB scandal that would include an admission of guilt by one of its subsidiaries instead of the parent company, according to people familiar with the matter......»»

Category: topSource: moneycentralDec 19th, 2019

Goldman Sachs may admit guilt, pay $2 billion fine to settle U.S. 1MDB probes: source

Goldman Sachs Group Inc is in talks with the U.S. government and a state regulator to possibly pay up to $2 billion and admit guilt to resolve investigations into its role in a Malaysia corruption scandal, according to a source familiar with the matter......»»

Category: topSource: reutersDec 19th, 2019

Goldman Sachs in talks to admit guilt, pay $2B fine in 1MDB scandal

Goldma.....»»

Category: topSource: foxnewsDec 19th, 2019

Goldman Sachs in talks to admit guilt, pay $2 bln to settle 1MDB probe: WSJ

Goldman Sachs Group Inc is in talks with the U.S. government to pay a $2 billion fine and admit guilt to resolve a criminal investigation into its role in a Malaysian corruption scandal, the Wall Street Journal reported on Thursday......»»

Category: topSource: reutersDec 19th, 2019

Goldman Sachs in talks to admit guilt, pay $2 billion to settle 1MDB probe: WSJ

Goldman Sachs Group Inc is in talks with the U.S. government to pay a $2 billion fine and admit guilt to resolve a criminal investigation into its role in a Malaysian corruption scandal, the Wall Street Journal on Thursday......»»

Category: topSource: reutersDec 19th, 2019