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Global bank CEOs testify before US Congress in Washington

Politics Dec 06

WATCH: Wall Street bank CEOs oppose proposed Biden regulations in Senate hearing

By Ken Sweet, Associated Press

Economy May 09

Goldman Sachs settles gender discrimination suit for $215 million

The lawsuit, initially filed in September 2010, was set to go to trial next month. The plaintiffs in the case are women who worked for Goldman as an associate or vice president in the U.S. in the investment banking, investment…

By Michelle Chapman, Associated Press

Economy Mar 09

Ex-Goldman Sachs banker Roger Ng exits the Brooklyn Federal Courthouse (EDNY) after being found guilty for his part helping embezzle from Malaysia's 1MDB sovereign wealth fund, in Brooklyn, New York, U.S., April 8, 2022. Photo by Brendan McDermid/REUTERS
Ex-Goldman Sachs banker sentenced to 10 years in prison in 1MDB fraud

Roger Ng was convicted last April by a U.S. District Court jury in Brooklyn. He was sentenced on Thursday. He continues to deny charges that he conspired with two other people to launder money and violate two anti-bribery laws.

By Bobby Caina Calvan, Associated Press

Nation Oct 22

Watch 5:29
News Wrap: Senate Judiciary Committee approves Barrett nomination

In our news wrap Thursday, the Senate Judiciary Committee approved Judge Amy Coney Barrett’s nomination to the Supreme Court -- and sent it on to the full Senate. All 12 Republicans voted in favor, while all 10 Democrats boycotted the…

World Dec 17

Watch 5:04
News Wrap: U.S. airstrikes in Somalia kill 62 members of terrorist group

In our news wrap Monday, the U.S. military said that airstrikes over Somalia killed 62 members of the Islamist group al-Shabab and prevented a major terrorist attack. A U.S. air campaign across the horn of Africa has intensified under President…

Dec 17

Malaysia files criminal charges against Goldman Sachs

By Associated Press

Malaysia filed criminal charges against Goldman Sachs and two former executives on Monday for their role in the alleged multibillion-dollar ransacking of state investment fund 1MDB.

Continue reading

Feb 15

Wall Street sees preschool as an investment opportunity when local governments don’t

By Kyle Spencer, The Hechinger Report

A new preschool financing method sparks optimism and controversy in a Utah school district, the first in the nation to be financed by private investors who make a profit if enough at-risk kids succeed.

Continue reading

Dec 16

Seeing chance to discredit Trump’s populist appeal, Democrats eye confirmation fight over Treasury pick

By Julie Bykowicz and Julie Pace, Associated Press

Given the narrow GOP majority in the Senate, Steven Mnuchin is likely to be confirmed. But Democrats plan to rough him up along the way, grilling the former Goldman Sachs executive over his Wall Street ties and his stake in…

Continue reading

Dec 10

Trump deepens Goldman ties as he builds out economic team

By Julie Pace, Associated Press

The financial industry's high-level presence in Trump's burgeoning administration runs counter to some core campaign messages that energized his supporters.

Continue reading

Dec 09

Watch 12:06
Shields and Brooks on Trump’s understanding of presidential power

By PBS News Hour

Names of President-elect Donald Trump’s Cabinet picks continue to emerge on a daily basis. Judy Woodruff sits down with syndicated columnist Mark Shields and New York Times columnist David Brooks to discuss whether Mr. Trump’s Cabinet choices are antithetical to…

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Thursday, Sep 4
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