All goldman sachs articles

  • Money
    Article

    DOJ recovers $700M in 1MDB scandal

    2019-10-31T18:28:00Z

    Jho Low, a Malaysian businessman-turned-fugitive, has agreed to forfeit more than $700 million worth of assets that he and his family allegedly misappropriated from Malaysian’s sovereign-wealth fund, 1MDB.

  • Article

    Goldman Sachs appoints chief risk officer, new chief accounting officer

    2019-09-17T14:19:00Z

    Goldman Sachs disclosed in a securities filing it has appointed both a new chief risk officer and a new principal accounting officer, effective Nov. 4.

  • Article

    AXA hires chief risk officer from Goldman Sachs

    2019-07-10T16:08:00Z

    French insurance giant AXA announced the appointment of Renaud Guidée as group chief risk officer, effective September 2019.

  • SFC
    Article

    Hong Kong’s SFC bans former Goldman Sachs officer for life

    2019-07-03T19:08:00Z

    Hong Kong’s Securities and Futures Commission has banned Tim Leissner, a former participating managing director at Goldman Sachs (Asia), from re-entering the industry in connection with his crimes relating to 1MDB.

  • GoldmanFeature
    Article

    FCA fines Goldman Sachs £34.3M for transaction reporting failures

    2019-04-01T18:47:00Z

    Compliance officers in the financial services industry can learn a lot from the failings of Goldman Sachs, which was fined £34.3 million (U.S. $45 million) by the U.K. Financial Conduct Authority for failing to provide accurate and timely reporting relating to 220 million transaction reports over a period of a ...

  • /img/field/image/blankfeinhome
    Article

    1MDB scandal could result in pay cut for Goldman Sachs’ executives

    2019-02-21T10:00:00Z

    Goldman Sachs disclosed in a recent quarterly filing that 2018 equity-based pay awards could be subject to clawbacks depending on the results of governmental and regulatory investigations relating to 1MDB.

  • Columnist_Fox
    Article

    Cases that make one wonder about the intent of enforcement

    2018-11-28T15:30:00Z

    A close look at FCPA investigations into Danske Bank, Goldman Sachs, and Walmart prompt more questions than answers.

  • Blog post

    Goldman Sachs offers details of 1MDB probe

    2018-11-09T10:45:00Z

    Goldman Sachs disclosed has received subpoenas and requests for documents and information from various governmental and regulatory bodies and self-regulatory organizations as part of investigations and reviews relating to financing transactions and other matters involving 1MDB, Malaysian government’s sovereign wealth fund.

  • Blog post

    Will a Goldman partner flip?

    2018-07-16T18:30:00Z

    The former head of Goldman Sachs southeast Asia is reportedly in discussions with the Justice Department and will likely plead guilty to federal charges regarding his involvement with the 1MDB corruption scandal. What will his involvement mean for the company, which continues to deny culpability?

  • Blog post

    SEC charges Goldman Sachs VP in insider trading scheme

    2018-06-01T10:30:00Z

    The SEC on May 31 charged a Goldman Sachs vice president of investment banking with repeatedly using his access to highly confidential information to place illicit and profitable trades in advance of deals on which the bank was providing investment banking advisory services.

  • Blog post

    AML due diligence for non-financial institutions: the next big thing in compliance?

    2016-08-08T11:00:00Z

    What does the 1MDB scandal portend for non-financial companies and anti-money laundering compliance? Plenty, especially if they haven't reviewed their AML policies and procedures in the last 12 months. Tom Fox reports.

  • Blog post

    Fed hits Goldman Sachs over use of supervisory information

    2016-08-04T11:45:00Z

    The Federal Reserve Board has ordered Goldman Sachs Group to pay a $36.3 million civil penalty for the unauthorized use and disclosure of confidential supervisory information in presentations to clients and prospective clients. Joe Mont reports.

  • Blog post

    FCPA issues arise at Goldman trial in London

    2016-07-06T10:00:00Z

    There is nothing quite like a trial to bring all kinds of information to light that various parties would rather keep out of view. Goldman Sachs is now learning that the hard way in a suit regarding Libya’s sovereign wealth fund that has some serious FCPA implications. Tom Fox reports. ...

  • Blog post

    Former Goldman compliance employee settles SEC insider trading case

    2016-03-22T09:15:00Z

    A former Goldman Sachs compliance employee settled his case with the Securities and Exchange Commission to resolve insider trading charges filed against him last year. Judge Valerie Caproni of the U.S. District Court for the Southern District of New York last week entered a final judgment against defendant Yue Han, ...

  • Blog post

    Consumer Group Protests Post-Settlement Tax Breaks

    2016-01-19T12:45:00Z

    Goldman Sachs recently announced that it had reached an agreement in principle with the U.S. Department of Justice and others to resolve civil claims relating to the firm’s securitization, underwriting, and sale of residential mortgage-backed securities from 2005 to 2007. The $5 billion settlement has drawn the ire of U.S. ...

  • Blog post

    Succession Planning: A Priority for Bank Chiefs in 2016

    2015-12-30T11:30:00Z

    Standard Chartered has scored big by hiring HSBC veteran Simon Cooper to serve as the London-based company’s corporate and institutional banking head but, according to the Financial Times, Cooper’s departure from HSBC may be a sign the exec has grown impatient waiting to take over the British bank’s reigns. Cooper, ...

  • Blog post

    Banks May Get More Time to Prepare for Financial Market Regulation

    2015-11-10T23:00:00Z

    The EU is considering delaying the release of a comprehensive regulation that will overhaul financial market rules. The delay comes amid mounting concerns that the legislation’s accompanying technologies may not be ready in time for the January 2017 start date. Due to the complexity of the rule, banks and other ...

  • Blog post

    Social Media: #Compliance Buzz

    2015-10-23T10:15:00Z

    Trending online are the #Compliance and #Corpgov hashtags that compliance officers and governance practitioners around the world often turn to for emerging trends and latest news. Whether it’s sharing ideas about the ever-changing regulatory landscape or covering industry-related events, both hashtags are known to provide real-time information. This ...