Goldman Sachs Facing Foreign Corrupt Practices Act Investigation
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Goldman Sachs Group Inc., the fifth-biggest U.S. bank by assets, is being probed about its compliance with the U.S. Foreign Corrupt Practices Act, the firm said in a filing yesterday.
The bank and some of its units are subject to a number of probes and reviews, some of which also involve other firms, according to the Securities and Exchange Commission filing. Goldman Sachs officials in London couldn’t immediately comment.