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Goldman Sachs
1MDB Watch
Leissner cites Goldman's culture in concealing 1MDB scheme
(Nov 12): Goldman Sachs’s former top banker in Asia says the culture of secrecy at the investment bank led him to conceal wrongdoing from the company’s compliance staff.
November 12, 2018
1MDB Watch
Jho Low, senior Goldman bankers indicted over 1MDB by US DoJ
(Nov 2): A high-profile corruption probe that has spanned continents landed its first direct blow at Goldman Sachs.
November 02, 2018
US Economy
Goldman Sachs sees five more Fed rate hikes through end of 2019
(Oct 19): Goldman Sachs economists on Thursday said the firm remained “comfortable” with its call for five more interest rate hikes — two more than priced in financial markets — through the end of 2019.
October 19, 2018
1MDB Watch
1MDB-linked banker disappears from US website
(Aug 29): A former Goldman Sachs Group banker embroiled in the multibillion dollar 1MDB scandal has quietly vanished from the website of his last-known employer, a US-based energy drinks company backed by Hong Kong’s richest man.
August 29, 2018
1MDB Watch
Malaysia files criminal charges against Jho Low in absentia
KUALA LUMPUR (Aug 24): Malaysian police today filed the first set of criminal charges against Low Taek Jho (Jho Low) and his father over money allegedly stolen from 1Malaysia Development Bhd (1MDB).
August 24, 2018
Startups, Entrepreneurs, Digital economy
Singapore startup AirTrunk raises $854 mil to expand datacenters
(Aug 21): Goldman Sachs-backed AirTrunk has raised A$850 million ($854 million) to fund the expansion of its two Australian datacenters and a move into Asia to take advantage of a growing cloud computing market.
August 21, 2018
1MDB Watch
Jho Low and Eric Tan still on Wanted List: Singapore Police
SINGAPORE (July 5): Low Taek Jho, better known as Jho Low, and Eric Tan Kim Loong are still very much on the Wanted List of the Singapore Police for their roles in 1MDB corruption scandal, says a police spokesperson.
July 05, 2018
1MDB Watch
Mahathir seeks to recover US$4.5 billion 1MDB funds, Goldman fees
(June 22): Malaysia will seek to recoup US$4.5 billion ($6.1 billion) of funds that were potentially lost through 1MDB, as well as fees paid to Goldman Sachs Group, according to Prime Minister Mahathir Mohamad.
June 22, 2018
Malaysia
Malaysia considering seeking return of Goldman Sachs' 1MDB fees
KUALA LUMPUR (June 8): Malaysia is considering asking the U.S. Department of Justice (DoJ) to get Goldman Sachs to return nearly US$600 million in fees it earned from bonds raised for scandal-tainted 1Malaysia Development Berhad (1MDB), two sources famili
June 09, 2018
1MDB Watch
Singapore says arrest warrant for Jho Low issued two years ago
SINGAPORE (June 8): Singapore authorities said they issued warrants of arrest for Low Taek Jho and Eric Tan Kim Loong back in April and May 2016, following investigations of 1MDB-related fund flows through the financial system here that began in March 201
June 08, 2018