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UK Watchdog fines Goldman Sachs £20m

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09-09-2010, 04:59 PM

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UK Watchdog fines Goldman Sachs £20m

Investment banking giant Goldman Sachs has been fined £20 million ($31 million) by the UK’s Financial Services Authority (FSA). The fine comes after Goldman failed to inform the FSA it was under investigation for fraud by its US counterpart. The FSA and Goldman Sachs have declined to comment but according to the BBC, the multi-million [...]

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