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Goldman Asked to Defend Role in 1MDB Deals by Malaysia Regulator.

Authors :
Chew, Elffie
Source :
Bloomberg.com; 3/15/2019, pN.PAG-N.PAG, 1p
Publication Year :
2019

Abstract

Goldman Sachs Group Inc. was called on by Malaysia's market regulator to defend its role in transactions involving troubled state fund 1MDB at the risk of administrative sanctions. The Securities Commission sent a show-cause letter to the bank's Malaysian unit in December, asking Goldman to explain why such action shouldn't be taken against the bank, the regulator said in a Friday statement. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
140632819