Goldman Sachs's decision to potentially cut bonuses for top executives over the 1MDB scandal reflects an acknowledgement at shareholder and public outrage over the debacle. The prestigious investment ...

Goldman Sachs Group Inc. will pay a record foreign bribery penalty in the U.S. and will enter a guilty plea for the first time ever for its role in the plundering of Malaysia’s 1MDB investment fund. A ...

A former Goldman Sachs banker was sentenced Thursday to 10 years in prison for his role in looting a Malaysian development fund of billions of dollars used to finance lavish parties, a superyacht, ...

Tim Leissner, the former Goldman Sachs Group Inc. banker who admitted his role in one of the largest financial frauds in history, is seeking a presidential pardon before he surrenders to a federal ...

The Malaysian case against Goldman Sachs on charges the US investment bank stole huge sums from the country's 1MDB state fund was postponed Monday until September after defence lawyers argued there ...

Malaysia's massive 1MDB corruption scandal allegedly saw top officials loot billions from state funds, splurging on luxury assets worldwide including a Monet painting and even funding a Hollywood ...

KUALA LUMPUR (Reuters) - Malaysian prosecutors on Monday said they would issue summonses to units of U.S. investment bank Goldman Sachs in London and Hong Kong, requiring them to respond by June to ...

KUALA LUMPUR - The United States government is currently considering an extradition request submitted by Malaysia on Aug 14, 2024, seeking the surrender of former Goldman Sachs executive Tim Leissner ...

KUALA LUMPUR (Reuters) - Malaysian prosecutors on Monday said they would issue summonses to units of U.S. investment bank Goldman Sachs in London and Hong Kong, requiring them to respond by June to ...