Updated: HK regulator fines Goldman $350m for 1MDB failures

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Updated: HK regulator fines Goldman $350m for 1MDB failures

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KIEV, UKRAINE - Dec 11, 2018: Goldman Sachs Investment banking company logo seen displayed on smart phone. | Igor Golovniov/Игорь Головнёв - stock.adobe.com

Hong Kong’s securities watchdog has fined Goldman Sachs $350m for regulatory failures in its work on bonds issued by the scandal-hit Malaysian state investment fund 1MDB, part of a multi-billion-dollar settlement with global regulators.

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