You Searched For "1MDB" and got 20 results
Sort By:
2 mins read
Ex-Goldman Sachs banker convicted on bribery and money laundering charges over role in $4.5 billion 1MDB fraud plot
Roger Ng, 49, was head of investment banking in Malaysia. He was found guilty on all three counts r…
Sam Tabahriti
2 mins read
Leonardo DiCaprio was interviewed by the FBI over his relationship with a Malaysian businessman involved with the 1MDB scandal, report says
Jho Low offered to give Kim Kardashian a Basquiat painting, but her then-husband Kanye West made he…
Pete Syme
2 mins read
Prison was 'brutal and distressing' says ex-Goldman Sachs banker who was locked up in Malaysia over the 1MDB scandal
Roger Ng is now seeking clemency in the US, where authorities convicted him of bribery and money la…
Huileng Tan
2 mins read
Goldman Sachs faces record $350 million fine from Hong Kong over 1MDB scandal
The bank's "serious lapses" and deficiencies in management supervision contributed to the mishandli…
Ben Winck
2 mins read
Goldman Sachs cuts quarterly profit by 91% after $3.9 billion 1MDB settlement
Goldman revised its second-quarter profit on Friday to $373 million from $2.4 billion after bolster…
Ben Winck
1 min read
The exec who built the trades behind Goldman Sachs' role in the 1MDB scandal just retired. Here's a look into his rise at the firm.
Sundaram helped build the trades for the Malaysian development fund known as 1MDB. Goldman paid a $…
Dakin Campbell
2 mins read
Goldman CEO David Solomon given a $10 million pay cut as punishment for firm's involvement in bribery scandal
Goldman has paid more than $7 billion to US and international regulators over a criminal bribery sc…
Tyler Sonnemaker
4 mins read
Goldman Sachs will pay nearly $3 billion to settle US charges over its 1MDB scandal and will reduce the pay of CEO David Solomon and top executives
Goldman Sachs announced Thursday that the massive charge will impact executive pay, including CEO D…
Graham Rapier,Reuters
1 min read
Goldman Sachs agrees to pay over $2 billion to the US Justice Department over Malaysia's 1MDB scandal, report says
The settlement, which would avoid a US criminal settlement, could be announced within days, Bloombe…
Shalini Nagarajan
2 mins read
Goldman Sachs has reached a $3.9 billion settlement with Malaysia over the 1MDB scandal
1MDB's scandal has links to everything from the "Wolf of Wall Street" film, to the supermodel Miran…
Will Martin
2 mins read
Goldman execs take pay cut over 1MDB
The top finance stories for October 23, including the latest news on big contracts won by consultan…
Dan DeFrancesco
2 mins read
Malaysia's former prime minister is appealing his conviction for his involvement in the 1MDB financial scandal
Razak claims he was "misled" by his 1MDB partner Jho Low.
Julie Gerstein
2 mins read
Gary Cohn has donated $10 million to charity instead of returning it to Goldman Sachs, despite the bank's attempt to claw back money as a result of the 1MDB bribery scandal
Ex-White House advisor and Goldman Sachs COO, Gary Cohn, made a $10 million charity payment, despit…
Kevin Shalvey
2 mins read
Malaysian officials are reportedly discussing a $2 billion payment from Goldman Sachs for its role in the 1MDB scandal
Malaysia might be open to settling for less than a third of its public target, but prosecutors are …
Yusuf Khan
3 mins read
Goldman bankers involved in the 1MDB scandal still face trial threats in Malaysia - even as the banks hold settlement talks with the US
Should Goldman seek to settle with Malaysian authorities, the fee will likely surpass the nearly $2…
Ben Winck
2 mins read
17 current and former Goldman Sachs directors are facing criminal charges over the 1MDB scandal in Malaysia, including Alibaba's president
Michael Evans, joined Alibaba in 2015, to help Jack Ma get half its revenue from outside of China. …
Yusuf Khan
3 mins read
Malaysia will forget all about the Goldman Sachs 1MDB scandal for the low low price of $7.5 billion
Goldman Sachs did not immediately respond to a request for comment on Friday, but in a statement ea…
Will Martin
1 min read
The bizarre story of 1MDB, the Goldman Sachs-backed Malaysian fund that turned into one of the biggest scandals in financial history
US and Malaysian authorities, as well as those in the UK, Australia and Singapore, among others, ar…
Callum Burroughs
3 mins read
Goldman Sachs just reached a $3.9 billion settlement with Malaysia over its role in the 1MDB scandal. An exec who built the trades is still there — and has only gained influence.
Goldman Sachs signed a $3.9 billion agreement with Malaysia over its role in the 1MDB scandal.