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View all search resultsThe erosion between office and home boundaries during the pandemic means many white-collar workers can relate on some level to the complaints, even if the plight of elite young bankers seeking riches does not inspire sympathy.
The investment bank in October announced a plan to claw back compensation from former and current bank executives following a $2.9 billion criminal settlement with the Justice Department over the massive international scandal.
Goldman Sachs Asia -- the Hong Kong-based compliance and control hub of the company -- showed "serious lapses and deficiencies in its management supervisory, risk, compliance and anti-money laundering controls", Hong Kong's Securities and Futures Commission said.
Executives from US investment bank Goldman Sachs would resume negotiations with the Malaysian government this week over the recovery of assets lost in the scandal at sovereign fund 1MDB, Finance Minister Tengku Zafrul Abdul Aziz said on Monday.
The office, bought for £42mil in 2014, as well as a nearby penthouse and apartment Low acquired in 2010 on Stratton Street in the upscale Mayfair neighbourhood, are to be sold as part of forfeiture lawsuits federal prosecutors in Los Angeles brought against the properties in 2017.
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