A former Goldman Sachs banker was convicted of insider trading by a New York jury on Wednesday, after prosecutors said he passed tips about potential mergers to a friend.
banker was convicted of insider trading by a New York jury on Wednesday, after prosecutors said he passed tips about potential mergers to a friend.
the bank was considering funding in 2017 and 2018. He was convicted on four counts of securities fraud, conspiracy and obstruction of justice.Prosecutors said Goel gleaned the information on six companies targeted for deals - including Spirit Airlines Niranjan, who cooperated with prosecutors as part of a non-prosecution agreement, testified at the trial that he traded on information he received from Goel and agreed to split around $280,000 in profits.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
The War Inside Goldman Sachs - The Journal. - WSJ PodcastsCracks are forming in a prestigious Wall Street institution: Goldman Sachs. Most bank CEOs make big decisions with a cadre of executives. But Goldman maintains a partnership with about 420 members, many of whom like to have a say in how the firm is run. WSJ’s AnnaMaria Andriotis explains why CEO David Solomon has come under fire from partners who complain about bonuses, strategy and that DJ side gig. Further Reading: - Goldman Sachs Is at War With Itself - Goldman Sachs’s 80 New Partners Are the Happiest People on Wall Street Today - Goldman Sachs Doesn’t Want to Be Everyone’s Bank, but It Has to Be Someone’s Further Listening: - Goldman Sachs and the 1MDB Scandal
Weiterlesen »
Madame Tussauds New York unveils new Billy Porter wax figure | amNewYorkTony and Grammy Award-winning actor Billy Porter has been officially immortalized among the wax figures at Madame Tussaud's New York.
Weiterlesen »
New recommendation calls for anxiety disorder screening in adults - New York Amsterdam NewsThe US Preventive Services Task Force (USPSTF) has issued a new recommendation stating that adults aged 19 to 64 in the United States should undergo screening for anxiety disorders.
Weiterlesen »
2024 Range Rover Evoque Invokes Modern LuxuryNew technologies, new colors, and new comfort.
Weiterlesen »
Mets 11, Astros 1: Houston hammered by New York in 5th straight lossAn up-and-down Astros offense totaled four hits against Mets' Max Scherzer, who worked...
Weiterlesen »