Claw-back drama for old bonuses to top bank execs includes former CEO Lloyd Blankfein and reportedly Gary Cohn.
Analysts mixed on Bursa Malaysia valuation
KUALA LUMPUR (Oct 23): Bursa Malaysia Bhd, which has an unprecedented earnings run due to historic highs in equity trading activities arising from pandemic circumstances, has received mixed views from …
Hong Kong fines Goldman Sachs record $350 million over 1MDB failings
Hong Kong’s markets watchdog on Thursday fined Goldman Sachs’s Asian business $350 million for its role in Malaysia’s multibillion-dollar 1MDB scandal, the largest single fine ever levied by the …
Goldman Sachs Malaysia Subsidiary Pleads Guilty in 1MDB Case
A unit of Goldman Sachs pleaded guilty to conspiring to violate U.S. antibribery laws, the first step in an expected resolution of a long-running investigation into its role in a Malaysian corruption …
Goldman fined £2.2bn in 1MDB Malaysia fraud scandal
Goldman bankers were accused of helping playboy financier Jho Low (pictured with musician Alicia Keys) funnel billions of dollars out of Malaysia’s state-owned 1MDB redevelopment fund.
Malaysia an attractive market for e-commerce in Southeast Asia — survey
KUALA LUMPUR (Oct 23): Malaysia, with its population of about 30 million people, is an attractive market for e-commerce in Southeast Asia due to its rapid economic growth and advanced digital …
Analysis: Can Malaysia maintain a competitive edge in attracting foreign firms?
Additionally, to drive Malaysia’s position as the heart of Digital ASEAN, MDEC and Huawei tied up in July to spearhead this initiative and share best practices, with Huawei taking the lead in …
Goldman Sachs Malaysia unit pleads guilty in 1MDB bribery case and agrees to pay $2.9 billion
Goldman Sachs’s Malaysian subsidiary has pleaded guilty to charges that it conspired to violate US anti-bribery laws in a massive scheme involving the Southeast Asian country’s sovereign wealth fund, …
Goldman fined £2.2bn in Malaysia fraud: 1MDB scandal saw state-owned fund turned into a ‘piggy bank for corrupt public officials’
Goldman bankers were accused of helping Low funnel billions of dollars out of Malaysia’s 1MDB fund, which was meant to be used for the country’s development. Instead Low allegedly used the money to …
UK regulators fine Goldman Sachs £100m over Malaysia’s 1MDB scandal
British regulators have fined Goldman Sachs almost £100 million as part of a $2.9 billion settlement with authorities worldwide for the Wall Street bank’s role in Malaysia’s 1MDB scandal.The …