Your email has been successfully added to our mailing list.

×
-0.000411395659775805 0 -0.00116562103603138 -0.00293690790451055 -0.00238838035814281 -0.00305118447667052 -0.00533671591986935 -0.00619379021106891
Stock impact report

Fed terminates Goldman, Metropolitan consent orders [Yahoo! Finance]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: Yahoo! Finance
The Federal Reserve has terminated consent orders against Goldman Sachs and Metropolitan Commercial Bank, closing enforcement actions involving Goldman's alleged role in the 1MDB scandal and MCB's allegedly fraud-ridden MovoCash prepaid card program. Goldman, which allegedly failed to maintain appropriate oversight, internal controls and risk management of the Malaysian state-owned investment and development company, 1Malaysia Development Berhad, was ordered in 2020 to improve its risk management and oversight functions of “significant and complex transactions,” as well as enhance its due diligence and expand its anti-bribery compliance program. The Fed fined Goldman $154 million at the time – a relatively small part of the punishment Goldman received overall for its involvement with 1MDB. The Wall Street bank agreed to pay the Malaysian government $3.9 billion to settle the scandal . The bank's CEO, David Solomon, faced a 36% compensation decrease in 2021. In all, Goldman paid Show less Read more
Impact Snapshot
Event Time:
GS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for GS alerts
Opt-in for
GS alerts

from News Quantified
Opt-in for
GS alerts

from News Quantified