Tags: Goldman Sachs | Currency | Trading | Probe

Goldman Sachs Investigated Over Currency Trading

Thursday, 07 Nov 2013 08:47 AM

 

Goldman Sachs Group Inc. is being investigated over its currency trading activities, the biggest U.S. investment bank said in a regulatory filing on Thursday.

Goldman is cooperating with the regulatory probe and a host of others, including one into its commodities trading, the bank said in a quarterly filing with the U.S. Securities and Exchange Commission.

Britain's Financial Conduct Authority is leading an investigation by a group of global regulators into currency trading practices of several big banks. Goldman did not give any details about the probe that it disclosed.

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