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Goldman Sachs employee under investigation
Apr 20th, 2012
NEW YORK (Reuters) - Federal prosecutors in California are investigating a Goldman Sachs employee for insider trading, according to prosecutors and defense lawyers who attended a hearing in U.S. federal court in New York on Thursday. The employee is suspected to have given inside information on two public companies to former Galleon Group co-founder Raj Rajaratnam, who was convicted last year in one of the largest insider trading cases in Wall Street history. ... (Source: Reuters) -
By Fiona Lau and Elzio Barreto HONG KONG (Reuters) - Goldman Sachs launched on Monday the sale of about $1.1 billion worth of Hong Kong-traded shares in Industrial and Commercial Bank of China , offering to sell its entire remaining stake in the world's biggest bank by market value. The sale by Goldman would be the final chapter in the Wall St... [Full Article]
TOKYO (AP) - Japan's financial markets gyrated wildly Thursday, underscoring the vulnerability of its economy to a loss of investor confidence as Prime Minister Shinzo Abe attempts shock monetary easing to end two decades of stagnation. (Source: Associated Press)... [Full Article]
By Christine Murray LONDON (Reuters) - The government said on Friday it had hired a team of auditors to investigate whether it was overcharged on two contracts with outsourcing firms Serco and G4S. The Ministry of Justice said auditors from professional services firm PWC would examine two contracts signed in 2005 which together cost the department ... [Full Article]
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