News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Goldman under fire in Japan

The Japanese financial services watchdog has ordered Goldman Sachs Asset Management to improve its internal controls following a series of investment trust law violations.

The Financial Services Agency in Japan claims GSAM violated local investment trust law through a series of stock transfers between funds that may have benefited one customer over another.

WSJ Logo