Goldman Sachs

Financial institutions take 8 fintech startups under their wing

SINGAPORE (Aug 22): Eight financial technology (fintech) companies on Monday are starting a 12-week mentorship programme in the third annual FinTech Innovation Lab Asia-Pacific.

How the fintech landscape is moving away from cold, hard cash

SINGAPORE (Aug 18): Investments in venture capital (VC) backed financial technology (fintech) startups have declined by 49% in 2Q16, on the back of a tougher climate for marketplace lenders as well as a decline in mega-round activity.
1Malaysia Development Bhd (1MDB)

1MDB Watch

Goldman summoned by New York bank regulator over 1MDB bond sales

NEW YORK (Aug 5): New York’s top banking regulator asked Goldman Sachs Group Inc. to supply more information about its work for a Malaysian investment fund amid investigations into whether any money laundering, sanctions violations or other misconduct o
1MDB: The inside story of the world’s biggest financial scandal

1MDB Watch

1MDB: The inside story of the world’s biggest financial scandal

(July 28): On 22 June 2015, Xavier Justo, a 48-year-old retired Swiss banker, walked towards the front door of his brand new boutique hotel on Koh Samui, a tropical Thai island. He had spent the past three years building the luxurious white-stone complex
1Malaysia Development Bhd (1MDB)

1MDB Watch

No Singapore bank received 1MDB bond proceeds, says MAS

SINGAPORE (June 8): Singapore's central bank said on Wednesday that no bank in Singapore received the US$3 billion ($4 billion) wire transfer from Goldman Sachs which had arranged the bond issuance for Malaysian state fund 1Malaysia Development Berhad
1Malaysia Development Bhd (1MDB) image

1MDB Watch

US investigators probe Goldman Sachs over Malaysian fund 1MDB: WSJ report

BENGALURU (June 7): US law enforcement officials are attempting to identify whether Goldman Sachs Group Inc violated federal law after failing to flag a transaction in Malaysia, the Wall Street Journal reported, citing people it said were familiar with th
A factory worker looks over machines processing silver, zinc, and lead ore in Jiyuan, Henan Province, China

Goldman singles out zinc as ‘bullish exception’ among metals

LONDON (May 19): Zinc stands alone, according to Goldman Sachs Group Inc. The New York-based bank has raised its forecasts for the next year on tightening supply and robust demand in China, highlighting its positive prospects in contrast to the “very be
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