Goldman Sachs Fined $50 Million For Fed Data Leak – ValueWalk Premium
Goldman Sachs

Goldman Sachs Fined $50 Million For Fed Data Leak

Goldman Sachs has been slapped a $50 million fine by New York’s state banking regulator for failing to properly supervise a former employee who stole secret supervisory information from the New York Federal Reserve.

Goldman’s $50 million fine is twice the largest penalty that New York Department of Financial Services has previously imposed for consulting-related misconduct.

Goldman Sachs took the rare step of admitting guilt
Goldman Sachs admitted on Wednesday that . . .


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