News

Goldman Sachs is seeking to avoid pleading guilty as part of negotiations with federal prosecutors over a potential penalty stemming from the bank's involvement in the embezzlement and laundering of hundreds of millions of dollars from Malaysian state fund 1MDB, sources told The New York Times. More Australian lender Westpac has again found itself in hot water with regulators after flagging 272 customers whose transactions suggest links to child exploitation, the Sydney Morning Herald reported. More A lawsuit filed in New York accuses a U.S.-blacklisted charity and two lenders controlled by Qatar's royal family, Masraf Al-Rayan and Qatar National Bank,...