Malaysian authorities filed criminal charges against Goldman Sachs on Monday. (Richard Drew/AP)Malaysian authorities filed criminal charges against Goldman Sachs on Monday, alleging the Wall Street bank was involved in a conspiracy to launder $2.7 billion from an investment fund. “Having held themselves out as the pre-eminent global adviser ... the highest standards are expected of Goldman Sachs. Goldman Sachs has said it is cooperating with the investigations and denied wrongdoing. It also filed charges against two former Goldman Sachs employees, including Tim Leissner, Goldman’s former Southeast Asia chairman.

Source: Washington Post December 17, 2018 19:42 UTC