Goldman Sachs to pay €200m to settle fraud charges

Goldman Sachs to pay €200m to settle fraud charges

The American bank Goldman Sachs has agreed to pay more than €200m to settle civil fraud charges of misleading investors.

The US financial watchdog, the Securities and Exchange Commission, said it was the biggest fine against a bank in its history.

The charges concerned Goldman's marketing of mortgage investments as the American housing market faltered.

More in this Section

Ireland is a tech hotspot but rural areas left in coldIreland is a tech hotspot but rural areas left in cold

Increase of 1.8% in overseas visitor numbers to Ireland in 2019Increase of 1.8% in overseas visitor numbers to Ireland in 2019

Clare Duignan appointed to Irish Music Rights Organisation's board of directorsClare Duignan appointed to Irish Music Rights Organisation's board of directors

Botox maker Allergan opens €160m facility in WestportBotox maker Allergan opens €160m facility in Westport


Lifestyle

The American actor never fails to impress with her fashion choices.Blake Lively’s 7 best red carpet moments

Let love bloom with these heartfelt choices. By Hannah Stephenson.5 of the most romantic plants for Valentine’s Day

Kya deLongchamps explores the essentials you should know before considering an extension to your home.Planning an extension? What to consider before knocking down walls

My wife has gone to war. It all started when we got the news that no parent wants to hear — there is a case of headLearner Dad: It turns out that lice thrive on clean and shiny hair

More From The Irish Examiner