Goldman should boost reserves for 1MDB fines, analysts say

Goldman should boost reserves for 1MDB fines, analysts say
Goldman Sachs may need to boost its legal reserves by as much as $1 billion to prepare for potential penalties related to its dealings with the Malaysian sovereign wealth fund 1MDB, analysts said. The investment bank has been under scrutiny for its role in helping raise funds through bond offerings for 1Malaysia Development Bhd (1MDB),...