• Goldman Sachs restates quarterly earnings on 1MDB settlement

    Goldman Sachs restates quarterly earnings on 1MDB settlement

    Goldman Sachs on Friday lowered its previously stated quarterly earnings as the bank set aside more money to pay for its settlement with the Malaysian government over the multi-billion-dollar 1MDB scandal. Goldman lowered its net earnings applicable to common shareholders to $197 million from $2.25 billion, in a filing published Friday. The revised earnings reflect …
  • Feds probe John Travolta pal’s jetsetter lifestyle

    Feds probe John Travolta pal’s jetsetter lifestyle

    A Hollywood playboy known for hobnobbing with celebrities like John Travolta and Manny Pacquiao is in the crosshairs of the feds over millions allegedly used to fund his lavish lifestyle, including yacht parties with bikini-clad women, The Post has learned. Assets tied to ex-con Victorino Noval, aka Victor Jesus Noval, are at the center of …
  • Wirecard CEO quits amid allegations of fraud over missing $2B

    Wirecard CEO quits amid allegations of fraud over missing $2B

    Wirecard’s chief executive quit on Friday as the German payments firm’s search for $2.1 billion of missing cash hit a dead end in the Philippines and it scrambled to secure a financial lifeline from its banks. Markus Braun, who built Wirecard into one of the hottest financial technology investments in Europe before questions over accounting …