The U.S. Federal Reserve said on Tuesday it had sanctioned two former Goldman Sa...
WASHINGTON - The U.S. Federal Reserve said on Tuesday it had sanctioned two former Goldman Sachs Group Inc bankers for their roles in a money-laundering scandal involving 1Malaysia Development Berhad , Malaysia’s state-owned investment fund.
Tim Leissner and Roger Ng have been barred from the banking industry for their involvement in “a scheme that illegally diverts billions of dollars from a Malaysian sovereign wealth fund,” the Fed said. U.S prosecutors last year charged the two former Goldman bankers over the theft of billions of dollars from 1MDB. Leissner pleaded guilty to conspiracy to launder money and violate the Foreign Corrupt Practices Act.
Goldman Sachs has consistently denied wrongdoing and said certain members of the former Malaysian government and 1MDB had lied to it about bond sale proceeds.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Why rising wages could push the Fed toward more rate hikes yetRising wages were one of the few positives to come out of the Bureau of Labor Statistics' monthly nonfarm payrolls release.
Leer más »
Powell: Fed not in 'any hurry' to change rates amid global risks - tvFederal Reserve Chairman Jerome Powell said on Sunday the U.S. central bank does...
Leer más »
Fed’s pause now extends through September in wake of weak jobs reportThe Federal Reserve’s pause on interest rates now extends through September in wake of weak jobs report, economists said Friday.
Leer más »
Fed Chair Powell says ‘No,’ President Trump cannot fire himFed Chairman Jerome Powell said this weekend that the president cannot fire him and hinted that the days of the dot plots may be numbered.
Leer más »
Fed survey finds adverse impact from government shutdownThe Federal Reserve says the U.S. economy was expanding in January and February, but half the country was seeing fallout from the 35-day partial government shutdown.
Leer más »
The Fed doesn't have to worry about high inflation anymore, and that's a problemThere was a time not so long ago that defeating inflation would have been considered a huge victory for the Federal Reserve. No more.
Leer más »
Fed's Williams: 'New normal' of slow growth will keep Fed patientHe cited three constraining factors: a global slowdown, geopolitical uncertainty and tighter financial conditions.
Leer más »
Fed Economists Find Tight Labor Market Can Give Boost to Disadvantaged WorkersAn economy where the unemployment rate falls below estimates of its long-run level can yield outsize gains for some women and minority groups, according to new research by four veteran Federal Reserve economists.
Leer más »
Tariffs, government shutdown weigh on still-growing economy: FedSlowing global growth and the 35-day partial federal government shutdown weighed...
Leer más »
ECB, Fed React to a Slowing Global EconomyThe European Central Bank made a U-turn with new plans to stimulate the eurozone’s faltering economy, while Federal Reserve officials signaled increasing reluctance to raise U.S. interest rates at all, as evidence mounts of a slowing global economy.
Leer más »