Goldman Sachs gets query over Panama Papers
New York
ADD Goldman Sachs Group Inc to the list of banks under regulatory review over Panamanian shell companies.
New York's Department of Financial Services has asked Goldman Sachs and three other banks to provide it with information about shell companies established through a Panamanian law firm, according to a person briefed on the matter. The other banks are BNP Paribas SA, Canadian Imperial Bank of Commerce and Standard Chartered Plc, this person said.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Malaysia set to extend rate pause as ringgit outperforms peers
Singapore moves to boost law to hunt and prosecute money launderers
Manulife profit beats on growth in Asia, wealth management
Robinhood beats profit estimates on interest income strength
Prudential shutters Hong Kong wealth unit Pulse
JPMorgan, Nomura limit Segantii exposure on Hong Kong case