Goldman Summoned by New York Bank Regulator Over 1MDB Bond Sales

  • DFS letter seeks more information on bank’s 1MDB underwriting
  • Department chief Vullo requests meeting by end of August

Goldman to Face New York Bank Regulator Over 1MDB Bonds

New York’s top banking regulator asked Goldman Sachs Group Inc. to supply more information about its work for a Malaysian investment fund amid investigations into whether any money laundering, sanctions violations or other misconduct occurred.

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