Goldman Sachs Group Inc. restated its second-quarter earnings lower Friday after reaching a $3.9 billion settlement with the federal government of Malaysia to deal with a long-running examination into its work for a corrupt mutual fund.
That settlement, reached last month just after the quarter’s end, lowered the bank’s profits by $2 billion to $373 million, or 53 cents a share. Formerly it had reported revenues of $2.4 billion, or $6.26 per share, holding stable during a stretch in which the coronavirus pandemic hammered …
%%.
source https://jobsearchtips.net/goldman-sachs-reiterates-revenues-after-3-9-billion-malaysia-settlement/
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