Goldman Sachs Falls for Fifth Day as 1MDB Risk Remains in Focus
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Goldman Sachs Group Inc. fell for a fifth consecutive session as it faces continued pressure from a high-profile corruption probe that has spanned continents.
The bank’s shares dropped as much as 3 percent Wednesday and were on track to their lowest close since July 2016. The stock, which is the fifth-heaviest weighted component of the Dow Jones Industrial Average, has fallen almost 12 percent in the past five trading days.