Wall Street banks ditch $19 billion of stocks in ‘unprecedented’ block trade selloff – media

Goldman Sachs and Morgan Stanley have reportedly sold $19 billion worth of shares in Chinese tech and US media companies. Traders are now wondering what caused the unusually massive move and whether it will continue next week. … Read More >Wall Street banks ditch $19 billion of stocks in ‘unprecedented’ block trade selloff – media

Malaysia drops criminal charges against Goldman Sachs over looting of state fund after Wall Street bank coughs up BILLIONS

Goldman Sachs will not face criminal charges over its alleged role in the theft of billions of dollars from Malaysia’s government investment fund, 1MDB, after the Wall Street bank agreed to pay $4 billion in compensation. … Read More >Malaysia drops criminal charges against Goldman Sachs over looting of state fund after Wall Street bank coughs up BILLIONS