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Goldman learns lessons and prospers

Lloyd Fonzie Blankfein

Three years after its first foray into the Islamic capital markets ended without a sale, investors piled in to buy sukuk debt from Goldman Sachs on Monday, as the bank joined the governments of Hong Kong and the U.K. in selling debut Shariah-compliant bonds this year.




Reuters - 13 bankers to be sent for trial

Milan prosecutors have asked for 13 former and current managers at Banca Monte dei Paschi di Siena, Nomura and Deutsche Bank to be sent to trial for a series of alleged financial crimes including false accounting, judicial sources said on Tuesday