Goldman Sachs

Disruption and Digitalisation

Grab set for major investment in Vietnam

SINGAPORE (Aug 26): Singapore-based ride-hailing firm Grab is set to invest “several hundred million dollars” in Vietnam where the company sees its next major growth market, just weeks after it unveiled a US$2 billion ($2.8 billion) plan in Indonesia.

1MDB Watch

Goldman's star in Hong Kong turns into 1MDB scandal's enigmatic man

(Aug 16): Andrea Vella was Goldman Sachs’s top dealmaker in Hong Kong. He had a nose for splashy trades, a fondness for the Bentley Continental, and a vague enough resemblance to George Clooney that there was even a joke among some bankers: “What woul

1MDB Watch

17 former and current Goldman Sachs directors slapped with criminal charges over 1MDB

KUALA LUMPUR (Aug 9): 17 current and former Goldman Sachs directors belonging to three of its subsidiaries have been slapped with criminal charges over their handling of the 1 Malaysia Development Bhd (1MDB) scandal, with the government seeking custodial

SE Asian economies

Signs of end to tech slump offer hope to Asia’s economies

(Aug 2): The worst may soon be over for an electronics slump that has dogged Asia’s export-driven economies.

1MDB Watch

Leissner of 1MDB infamy banned for life by HK too

SINGAPORE (July 8): Hong Kong’s Securities and Futures Commission (SFC) banned former Goldman Sachs Group banker Tim Leissner from the city’s financial industry for life.

1MDB Watch

Malaysia sends ex-Goldman banker facing 1MDB charges to the US

KUALA LUMPUR (May 6): Former Goldman Sachs banker Roger Ng has been sent to the United States to face charges over 1MDB-related offences in a deal worked out between Malaysian investigators and the US Department of Justice (DOJ).

1MDB Watch

Singapore said to send money from ex-Goldman banker to Malaysia

(May 5): Singaporean authorities are preparing to return about $35 million surrendered by former Goldman Sachs Group Inc. banker Roger Ng and his family in connection with the 1MDB scandal to Malaysia, according to people familiar with the matter.

2013 Penny Stock Crash

Banks, brokerages incurred over $350 million in losses from penny stock crash

SINGAPORE (Mar 20): Banks, brokerages and other financial institutions suffered a total of more than $350 million in unpaid losses in the wake of the October 2013 crash of Blumont Group, LionGold Corp and Asiasons Capital (now known as Attilan Group), acc

1MDB Watch

Ex-Goldman Sachs banker Roger Ng to face charges in Malaysian court first: Muhyiddin

PUTRAJAYA (Feb 20): The extradition of former Goldman Sachs managing director Roger Ng to the United States (US) will only be carried out after his cases in Malaysian courts are completed, said Home Minister Tan Sri Muhyiddin Yassin.

1MDB Watch

Malaysia police seek Jho Low's parents to help with 1MDB probe

(Jan 25): Malaysia’s police are seeking Jho Low’s parents and an associate as they widen their search for evidence of possible wrongdoing in their investigation into the scandal-ridden 1MDB.
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