In the Margins

Goldman cuts legal expenses estimate

February 22, 2016

By Reuters

Goldman Sachs Group cut its estimate of legal costs it may face beyond what it has set aside. The bank had estimated in November legal expenses of up to $5.3 billion above what it had already set aside, and it has revised that number down to $2 billion. The Wall Street bank is involved in a number of judicial, regulatory and arbitration proceedings. Read the original story from Reuters.

 

 

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