(Bloomberg Opinion) -- There are certain things investors have come to expect when a large financial institution gets caught up in wrongdoing. Top leaders will apologize and say the conduct was unacceptable, adding that they’re fully cooperating with the relevant investigators. The institution will likely pay a settlement that’s in the billions of dollars, but it won’t cause lasting harm to its business.It looked as if Goldman Sachs Group Inc. was following that same template for its role in the plundering of Malaysia’s 1MDB investment fund. It agreed to pay a large fine and even pleaded guilty for the first time in the bank’s history through a small Malaysian unit, but it was still poised to come out largely unscathed: The parent company avoided conviction in a deal known as a deferred-prosecution agreement, according to a court proceeding in Brooklyn, New York, on Thursday. That designation is a win for Goldman Sachs, because a conviction might have risked losing some institutional clients that are restricted from working with financial firms with criminal records.The bank will pay more than $2.3 billion in the plea deal, U.S. prosecutor Alixandra Smith said, the largest penalty in U.S. history for a violation of the Foreign Corrupt Practices Act. In all, Goldman’s penalties will exceed $5 billion globally.Then came the more surprising news: Goldman will cut or claw back $174 million in pay for a dozen top current and former executives, including Chief Executive Officer Dav |
J:COMは12月20日、同社の公式YouTubeチャンネルにおいて、学生スポー...
ノートンは北海道・中富良野町立中富良野小学校にて、親子のITリテラシーの向上を目...
iPhone 16シリーズを購入した人の84%が「満足」と回答したが、価格につい...
Microsoftは12月19日(米国時間)、Microsoft 365 Off...
ソフトバンクは20日、大規模なAIデータセンターの構築に向けて、大阪府堺市にある...
Motivation isn't just a corporate buzzwo...
In the rapidly advancing landscape of A...
Content creation is one of the biggest s...
Are you looking for a new graphic design...
If you are looking for the best wordpre...
Are you a great Chrome user? That’s nice...
1. Why is email marketing important?Emai...
Do you have the desire to become a conte...
Copy.aiPhoto:- Copy.aiFirst one on the l...
In this article, we explore the top 10 ...
(Bloomberg) -- Huawei Technologies Co. q...
Are you looking for a way to create cont...
Episode 7: CodeSignal’s Sophia Baik on h...
Cars are ubiquitous. Love them or hate t...
Zoom for Home - DTEN ME: Personal home o...
(Bloomberg Opinion) -- There are certain...
(Bloomberg) -- Intel Corp. shares slumpe...
(Bloomberg) -- On a scorching hot day in...
Learn about some of the common MongoDB a...
If you want to pay online, you need to r...
Are you searching for an ecomerce platf...
SEMrush and Ahrefs are among the most ...
In the rapidly advancing landscape of A...
In this article, we explore the top 10 ...
Are you looking for a way to create cont...
If you want to pay online, you need to r...
Are you searching for an ecomerce platf...
SEMrush and Ahrefs are among the most ...
Content creation is one of the biggest s...
Are you looking for a new graphic design...
If you are looking for the best wordpre...
Are you a great Chrome user? That’s nice...
1. Why is email marketing important?Emai...
Do you have the desire to become a conte...
Copy.aiPhoto:- Copy.aiFirst one on the l...
(Bloomberg) -- Huawei Technologies Co. q...
(Bloomberg) -- Intel Corp. shares slumpe...
Cars are ubiquitous. Love them or hate t...