Goldman Sachs (NYSE:) is presently going through scrutiny from the Federal Reserve and the Securities and Trade Fee (SEC). Buy of Silicon Valley Financial institution’s securities portfolio Earlier than the financial institution collapsed, the Wall Road Journal reportstated, citing an individual accustomed to the matter.
The 2 companies are investigating Goldman Sachs’ conduct throughout its fundraising failure earlier than SVB’s chapter, in line with the report. The Justice Division has additionally reportedly issued a subpoena to Goldman Sachs as a part of its investigation into SVB.
Learn extra on Cointelegraph