Weekly Roundup: Goldman Sachs Settles 1MDB Charges, Taiwanese Lender in US Sanctions Evasion Probe, and More

Goldman Sachs admitted facilitating the theft of billions of dollars from Malaysian state-fund 1MDB and agreed to pay nearly $3 billion to resolve U.S. and overseas criminal charges that it bribed foreign officials to win business, ACAMS reported. More Goldman announced it would revoke tens of millions of dollars in bonuses and cut the pay of senior managers, including former chief executive Lloyd Blankfein, in response to the record criminal settlement, The Wall Street Journal reported. More U.S. authorities suspect Taiwan's Mega International Commercial Bank violated sanctions against Iran, the Global Investigations Review reported. More The U.S. Federal Reserve...