Goldman Sachs agreed to pay $2.9 billion to settle a criminal investigation brought by federal prosecutors.
Goldman Sachs agreed to pay $2.9 billion to settle a criminal investigation brought by federal prosecutors.
In an effort to become a dominant player in the financial advice business, Goldman Sachs Group Inc. has announced that it has agreed to buy United Capital Financial Partners Inc. for $750 million.
Underwriters from Morgan Stanley and Goldman Sachs will collect millions of dollars in fees from clients who had invested in Uber’s initial public offering (IPO) last week. Nevertheless, the clients who had invested in Uber’s IPO are now facing large losses.
Goldman Sachs has been ordered to pay $100 million, plus interest, to the National Australia Bank (NAB) for violating industry practices related to the sale of mortgage-linked securities.
FINRA has fined 10 firms a total of $43.5 million for allowing their equity research analysts to solicit investment banking business and for offering favorable research coverage in connection with the 2010 planned initial public offering of Toys R Us.
A panel of securities industry arbitrators awarded two military personnel $7.6 million for wrongful discharge and for violations of USERRA, the federal law that protects military personnel from workplace harassment and retaliation.