UK FSA to formally investigate Goldman Sachs

FSA headquarters

Britain's Financial Services Authority (FSA) on Tuesday launched a formal investigation into Goldman Sachs International, the London arm of the US investment bank.

"Following preliminary investigations the Financial Services Authority (FSA) has decided to commence a formal enforcement investigation into Goldman Sachs International in relation to recent Securities and Exchange Commission (SEC) allegations," the regulator said. The FSA began preliminary investigations into the bank's activities on

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