Goldman Sachs (NYSE: ) is at the moment below scrutiny by the Federal Reserve and the Securities and Alternate Fee (SEC) for its involvement in Acquisition of Silicon Valley Financial institution Securities Portfolio earlier than the financial institution collapse in The Wall Road Journal. reportedciting sources conversant in the matter.
In accordance with the report, the 2 companies are investigating Goldman Sachs’ actions throughout a botched capital increase earlier than SVB’s collapse. The Division of Justice has reportedly issued a subpoena to Goldman Sachs as a part of its investigation into SVB.
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