News Formal

Ex-Goldman Sachs bankers banned from industry over 1MDB scandal | The Malaysian Insight

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Ex-Goldman Sachs bankers banned from industry over 1MDB scandal

Former Goldman Sachs banker Tim Leissner with his wife, Kimora Lee Simmons, in 2014. The former head of Goldman Sachs’ Southeast Asian unit faces a lifetime ban from the industry. – AFP pic, March 13, 2019.

THE US Federal Reserve has banned former Goldman Sachs bankers Tim Leissner and Roger Ng from the finance industry for their role in the 1MDB scandal, reportsThe investment bank arranged three bond sales in 2012 and 2013 helped 1Malaysia Development Bhd raise US$6.5 billion and pocked a US$600 million fee.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ex-Goldman bankers banned from industry over 1MDB scandalTim Leissner and Roger Ng have been charged over the theft of billions of dollars from 1MDB, with Leissner pleading guilty to conspiracy to launder money, among others. But our great legal counsels are just too busy arguing on procedural matters and end up getting himself injured playing with his pet dog! justicedelayedisjusticedenied AG is just playing soft...
Source: fmtoday - 🏆 5. / 72 Read more »