Goldman shares are getting hit again after Malaysia files criminal charges in 1MDB probe [CNBC]
Comcast Corporation - Class A (CMCSA)
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Source: CNBC
Olivia Harris | Reuters Authorities around the world, including the United States, Switzerland and Singapore have looked into anti-money laundering breaches relating to 1MDB. Goldman Sachs shares fell, plumbing new lows for 2018, as the money laundering probe involving Malaysia's state investment fund 1MDB took a more serious turn for the firm on Monday. Malaysia filed criminal charges against Goldman Sachs and two employees, Tim Leissner and Roger Ng, in connection with the probe. Goldman raised $6.5 billion in 2012 and 2013 for the fund through three bond deals. In an emailed statement to Reuters, a Goldman spokesman said, these charges are misdirected and that the bank continues to cooperate with all authorities. Goldman Sachs shares have collapsed this quarter on developments with the probe and are now down 34 percent this year. With Monday's decline at 2.4 percent at 9:34 am, those losses were set to mount. The drop in the stock
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