Morgan Stanley has downgraded Goldman Sachs on possible regulatory risks.
In a research note published earlier today, Morgan Stanley analysts Betsy L. Graseck, CFA and Manan Gosalia, note that given the risks and uncertainties surrounding the 1MDB investigation, Goldman Sachs is now at risk of being handed what could be more than $1.8 billion in fines from the bank's roll in the Malaysian banking scandal.
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Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway.
Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK.
Rupert covers everything value investing for ValueWalk
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