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Hong Kong fines Goldman Sachs Asia $350 million over 1MDB

Updated : October 22, 2020 06:48 PM IST

Hong Kong's markets watchdog on Thursday fined Goldman Sachs's Asian business $350 million for its role in Malaysia's 1MDB scandal.
The bank's Asia unit had earned $210 million from the offerings, the largest share among the various Goldman Sachs entities.
Hong Kong fines Goldman Sachs Asia $350 million over 1MDB

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