Former Goldman Sachs Analyst Receives 22-Month Jail Term for Insider Dealing

Former Goldman Sachs Analyst Receives 22-Month Jail Term for Insider Dealing

Mohammed Zina, a former analyst at Goldman Sachs International in London, was sentenced to 22 months in prison for insider dealing, following a trial in a London court. Zina, 35, used confidential information from his position at Goldman Sachs to purchase shares in six companies, including Arm, ahead of its acquisition by SoftBank. Prosecutors stated…

Goldman Sachs is Cutting Jobs Again Amid Wall Street Deals Slump

Goldman Sachs is Cutting Jobs Again Amid Wall Street Deals Slump

Goldman Sachs, a prominent Wall Street firm, is making preparations for its third round of layoffs since September, responding to a decline in deals activity. According to an individual familiar with the plans of the New York-based bank, the company is expected to reduce less than 250 positions in the upcoming weeks. In September, Goldman…