Goldman Sachs (NYSE:) is presently beneath intense scrutiny from the Federal Reserve and the Securities and Alternate Fee (SEC) relating to its involvement within the buy of Silicon Valley Financial institution securities portfolio earlier than the financial institution’s collapse, the Wall Avenue Journal reported reportedciting sources acquainted with the matter.
In line with the report, the 2 businesses are investigating the actions of Goldman Sachs throughout its fundraising failure earlier than the collapse of SVB. The Justice Division additionally reportedly issued a subpoena to Goldman Sachs as a part of its investigation into SVB.
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