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Business & Finance

Goldman to pay about $110mn to N.Y., Fed

Published May 1, 2018 Updated May 1, 2018 04:55pm
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By Fawad MaqsoodReuters
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Goldman Sachs Group Inc has agreed to pay about $55 million each to two US regulators to resolve allegations that its foreign exchange traders shared information about client orders on a chat room, Bloomberg reported on Tuesday.

Goldman will pay the fines to the Federal Reserve Board and New York's Department of Financial Services, Bloomberg reported https://bloom.bg/2HKKYsO, citing people familiar with the matter.

Goldman declined to comment

Copyright Reuters, 2018

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