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The Federal Reserve warned Goldman's fintech unit about risk and compliance oversight, according to FT.

The Federal Reserve warned Goldman’s fintech unit about risk and compliance oversight, according to FT.

A division of Goldman Sachs' transaction-banking business (TxB) has stopped signing on riskier financial technology clients after a warning from the U.S. According to the Financial Times report on Thursday, the Federal Reserve had a discussion about risk and compliance earlier this year. The Fed has raised concerns about the Goldman division's insufficient due diligence and monitoring processes when accepting ...
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Why Indonesia matters

Indonesia is back on the map. In the next decade, it will only become more important