Goldman defers former execs’ pay over 1MDB

Goldman Sachs has held off from rewarding some retired executives compensation until “more information is available” on the 1Malaysia Development Berhad scandal.

  • By Jasper Cox
  • 04 Feb 2019

Three long-term performance incentive plans for the former executives had a performance period from January 2011 to December 2018.

As the 1MDB scandal relates to events that occurred in this period, Goldman has deferred its decision of awarding payment until it has more knowledge of the 1MDB case, ...

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