Goldman Sachs trims quarterly earnings

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Source: Dukascopy Bank SA
On Friday, Goldman Sachs Group has cut its previously announced quarterly earnings due to setting aside additional money for the settlement with Malaysia over the 1MDB scandal.
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Fri, 07 Aug 2020 12:35:16 GMT

OCBC's Q2 profit drops 40%

Singapore's second-biggest lender OCBC has posted a larger-than-anticipated 40% drop in its Q2 net profit this Friday, hit by the loan-loss provisions in the market hurt by the pandemic and its customer activity slowdown.

Fri, 07 Aug 2020 10:29:02 GMT

Bezos sells $3.1B worth shares in Amazon

Jeff Bezos, Amazon.com's Chief Executive Officer, has sold $3.1B worth shares in the e-commerce giant, according to regulatory filings, Reuters reported.

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