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The firm is also paying a $2.9 billion fine via a resolution of the 1MDB scandal in Malaysia involving criminal and civil authorities.
Goldman Sachs is admitting guilt and paying a fine of $2.9 billion for its role in a scandal that saw officials from the firm bribing Malaysian and Abu Dhabi officials from 2009 to 2014 in order to secure ongoing business for the multinational investment bank. After much negotiation, the firm has begun to resolve the...
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