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Malaysia’s Finance Minister Wants Goldman’s $7.5 Billion, Not an ApologyLim Guan Eng waved off an apology from Goldman Sachs Chief Executive David Solomon for the role of one its then-bankers in the scandal surrounding state investment fund 1MDB, saying it wasn’t enough. Don't give them money, please use money to develop 1Malaysia now! no guarantees grow up no Show us the money.. Goldman
Source: WSJ - 🏆 98. / 63 Read more »
Goldman Sachs aims for more predictable excitementIts fourth-quarter earnings beat estimates and it navigated rocky markets better than peers. Yet investors value its assets less highly than those of staid Bank of America. Taming Goldman’s volatile revenue is in hand. The shadow of excesses like 1MDB is harder to manage away. richardbeales1 johnsfoley And though fixed income was a sore spot in Q4, seems like it was probably an anomaly given the reduction in volatility levels since Christmas, no? RT Reuters: RT : Goldman Sachs aims for more predictable excitement ...
Source: Breakingviews - 🏆 470. / 51 Read more »