Log in
Login
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Goldman Sachs Group Inc    GS

Delayed Quote. Delayed  - 05/27 10:01:06 pm
159.53 USD   +0.61%
12:30p CVS HEALTH : To Present At The Goldman Sachs 37th Annual Global Heal..
10:02a GOLDMAN SACHS : Luxury brands struggle to attract Internet generatio..
05/29 GOLDMAN SACHS : sets NBK's price target
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Goldman in settlement talks with U.S. over trading loss

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/10/2012 | 03:54pm CEST

Goldman Sachs Group Inc is in settlement talks with the U.S. government over an $8.3 billion position that one of the investment bank's traders had concealed five years ago, according to a published report.

The Financial Times said a settlement with the U.S. Commodity Futures Trading Commission, which regulates U.S. futures and options markets, is expected in the coming weeks, citing two sources familiar with the plans.

Goldman declined to comment and the CFTC could not be reached for comment.

The planned settlement follows Thursday's announcement from the regulator that accused ex-Goldman trader Matthew Marshall Taylor of hiding a large position in S&P 500 e-mini futures contracts. Taylor has denied the accusations, his lawyer said on Thursday.

(Reporting by Debra Sherman; Editing by Jackie Frank)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
React to this article
Latest news on GOLDMAN SACHS GROUP INC
12:30p CVS HEALTH : To Present At The Goldman Sachs 37th Annual Global Healthcare Confe..
10:02a GOLDMAN SACHS : Luxury brands struggle to attract Internet generation
05/29 GOLDMAN SACHS : sets NBK's price target
05/29 GOLDMAN SACHS : There’s nothing a Brexiter loves more than a good conspira..
05/28 Chinese stock exchanges set time limit for trading suspension
05/28 Chinese stock exchanges set time limit for trading suspension
05/27DJCenterview Unit to Launch Blank-Check Company
05/27DJBank of America Revives Sale of Credit-Card Issuer MBNA
05/27DJLendingClub Talking With Citigroup About Loan Purchases
05/27 GOLDMAN SACHS GROUP INC : ex-dividend day
Advertisement
News chart
Full-screen chart
Income Statement Evolution
More Financials