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Home | FSA to fine Goldman Sachs £20m |
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FSA to fine Goldman Sachs £20m
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- September 09, 2010
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The Financial Services Authority (FSA) is to fine Goldman Sachs £20 million, the BBC has reported.
The fine is connected to the Wall Street bank’s run in earlier this year with the US Securities and Exchange Commission (SEC), over a collateralised debt obligation (CDO) that turned sour.
In July, Goldman paid a $550 million penalty to the [...]
- Read more at:http://www.bankingtimes.co.uk/09092010-fsa-to-fine-goldman-sachs-20m/
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