Goldman Sachs to pay US$215 mln to settle gender discrimination suit

NEW YORK: Investment giant Goldman Sachs said on Monday it will pay US$215 million to settle a 13-year-old class-action gender discrimination lawsuit where plaintiffs claimed they suffered from biases in pay, performance evaluations and promotions, reported UPI. The lawsuit covered about 2,800 female associates and vice presidents employed in investment banking, investment management and securities divisions. […]

Goldman Sachs to pay $3.9 bln to Malaysia to settle 1MDB dispute

BY ROZANNA LATIFF AND JOSEPH SIPALAN KUALA LUMPUR: U.S. investment bank Goldman Sachs has reached a $3.9 billion settlement with the Malaysian government over the multibillion-dollar 1MDB scandal, the two sides said on Friday. The deal includes a $2.5 billion cash payout by Goldman and a guarantee by the bank to return at least $1.4 […]

Goldman Sachs pleads not guilty

Company faces charges over 1MDB bond sale amounting to RM27.2 billion KUALA LUMPUR: UK-based Goldman Sachs International Ltd and its Asian entities, Goldman Sachs (Asia) LLC and Goldman Sachs (Singapore), pleaded not guilty at the High Court here today to charges on the sale of 1Malaysia Development Berhad (1MDB) bonds amounting to RM27.2 billion ($6.5 billion). A representative of […]