(Bloomberg) -- Goldman Sachs Group Inc. and Citadel Securities each reached multimillion-dollar settlements with the Securities and Exchange Commission on Friday over how they labeled millions of trades.Most Read from BloombergWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundChina’s Ultra-Rich Gen Zs Flock Home as Global Tensions RiseRaw Meat-Eating Liver King And Other Health Influencers Face Mounting LawsuitsAI Fantasy Fades as Wall Street Reels From Real-World Rate JumpUS to Kee
Goldman Sachs Group (NYSE:GS) is reportedly close to finalizing a deal to offload its GreenSky operation, with the potential buyers being Sixth Street (TSLX), Pacific Investment Management, and KKR (KKR). The transaction, which is expected to be worth approximately $500 million, would allow these firms to acquire a loan-origination business at a beneficial price. However, the final terms of the deal are yet to be confirmed.
Goldman Sachs Group Inc (NYSE:GS). is revisiting its settlement over the 1MDB investment fund scandal with Malaysia, according to Malaysian Prime Minister Anwar Ibrahim. The bank, based in New York, has struggled to put the scandal to rest even three years after agreeing to pay over $5 billion for its role in the misappropriation of Malaysia's 1MDB investment fund.