Legal
A Wall Street trader hoping to boost his £1m annual bank bonus admits to making a series of fraudulent trades
A rogue trader has pleaded guilty to defrauding Wall Street giant Goldman Sachs with unauthorised trades totalling $8.3bn (£5.5bn). Matthew Taylor admitted that he exceeded internal risk limits and lied to Goldman supervisors to cover up his activities involving futures trade in 2007. Taylor, 34, pleaded guilty to one count…
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