A former Goldman Sachs banker says the plot to loot a Malaysian sovereign wealth fund was laid out in 2012. Tim Leissner testified at the trial of a former colleague, Roger Ng, who faces bribery ...

The resolution of the multibillion-dollar 1Malaysia Development Bhd (1MDB) scandal, in which Goldman Sachs GS is engulfed, seems far from over. The U.S. District Judge, Vernon Broderick, recently ...

Malaysia is demanding Goldman Sachs Group Inc. bear the brunt of the 1MDB scandal, opening up another legal front for the Wall Street firm over its role raising money for the investment fund ...

Goldman Sachs shares surged 9.5 percent as the Wall Street behemoth reported blowout earnings and eased fears about possible penalties it could face for its role in a widening Malaysian corruption ...

Malaysia filed criminal charges against 17 current and former Goldman Sachs employees on Friday, including the bank’s top international executive. It’s the latest fallout from the 1MDB scandal.

Under a 2020 deal, Goldman Sachs paid Malaysia $2.5 billion to resolve criminal charges over the 1MDB saga. It also guaranteed it would help recover $1.4 billion in 1MDB assets. including $500 ...

Goldman Sachs has reached a $3.9 billion settlement deal with Malaysia over its role in the massive 1MDB financial scandal, officials said Friday. The banking giant agreed to pay $2.5 billion in ...

Malaysian and U.S. prosecutors allege that bond sales organized by Goldman Sachs for 1MDB provided one of the means for associates of former Malaysian Prime Minister Najib Razak to steal ...

Goldman Sachs Group Inc.’s push for Asian business and lax oversight of partners led the bank to speed past warning signs in its dealings with a corrupt Malaysian investment fund, internal ...

KUALA LUMPUR, Malaysia (AP) — The Malaysian government questioned Thursday a move by Goldman Sachs to file for arbitration in a dispute connected with the multibillion-dollar looting of a ...

Under a 2020 deal, Goldman Sachs paid Malaysia $2.5 billion to resolve criminal charges over the 1MDB saga. It also guaranteed it would help recover $1.4 billion in 1MDB assets. including $500 ...