- In its 10-Q, Goldman Sachs (GS) says it expects litigation expenses to remain "high" and discloses a boost to reserves to $3.7B from $3.6M. Rumored a few days ago, Goldman is indeed under scrutiny for possible violations of the Foreign Corrupt Practices Act.
- The bank also says it's under investigation over high-frequency trading, though it didn't specify which agency is having a look.
GS price at time of publication: $156.92. Check GS price now »
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Focus Articles on GS
- The 30 Best-Value Bond Trades With Maturities Of 1 To 5 Years by Donald van Deventer
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- Bank Earnings: Goldman Sachs Vs. Morgan Stanley by John M. Mason
More News on GS
- Investigation of banks' Asian hiring practices expands May 7, 12:11 PM ET (Seeking Alpha)
- Clinton to Geithner: Slit Blankfein's throat? Nah May 9, 11:01 AM ET (CNBC)
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Press Releases on GS
- Goldman Sachs to Present at Sanford C. Bernstein's 2014 Annual Strategic Decisions Conference (Business Wire)
- Goldman Sachs Closes Broad Street Real Estate Credit Partners II With Over $4 Billion in Capital Available to Invest in the Strategy (Business Wire)
- GSAM's Third Annual Insurance Survey Shows Insurers Are Going On the Offense to Combat Low Yields (Business Wire)
Related Articles on GS
- Kinder Morgan Warrants: Trash Courtesy Of Goldman Sachs by Alpha Hunter
- JPMorgan: Another Problem For Big Banks by Bill Maurer
- Wall Street Breakfast: Must-Know News by Wall Street Breakfast
Transcripts on GS
- The Goldman Sachs Group's Management Hosts Fixed Income Investor Conference (Transcript) by SA Transcripts
- Goldman Sachs Group's Management Discusses Q1 2014 Results - Earnings Call Transcript by SA Transcripts
- The Goldman Sachs Group's Management Discusses Q4 2013 Results - Earnings Call Transcript by SA Transcripts
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