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1MDB scandal may have curbed Goldman's risk appetite

Tuesday, September 27, 2016 - 05:50

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An Asian cull makes Goldman Sachs look rattled. The US bank is cutting nearly 30 per cent of its investment banking team in Asia outside of Japan.

Hong Kong

AN Asian cull makes Goldman Sachs look rattled. The US bank is cutting nearly 30 per cent of its investment banking team in Asia outside of Japan. The region's problems are familiar and longstanding: lumpy deal flow, fierce competition and skimpy fees. But Goldman's pullback

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