January 15, 2016

Goldman to pay a $5 billion settlement

Goldman Sachs' fourth-quarter earnings essentially just got wiped out.

The bank said on Thursday that it will pay a $5 billion settlement related to residential mortgage-backed securities it sold between 2005 and 2007. Read more.

Business Insider

Related,
Goldman Sachs settlement on mortgage-backed bonds to hit earnings - Reuters
Goldman Sachs ontslaat 10% obligatiehandelaren - Beurs.nl

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