Goldman Sachs admitted on 22 October it broke US corruption laws, and agreed to pay billions of dollars to global regulators and financially punished its top executives, resolving one of the biggest scandals in Wall Street history.

Goldman took $174m in compensation from executives and agreed to pay nearly $3bn to officials in four countries to end a yearslong investigation into its dealings with a Malaysian investment fund at the heart of a global bribery ring. Its check to the US government is the largest such fine ever paid.