Goldman bankers fired after leaking confidential Fed info

Banker formerly worked for Federal Reserve Bank of New York

Goldman Sachs (GS) fired two bankers due to one of them allegedly sharing confidential documents from the Federal Reserve Bank of New York within the firm, an article in Businessweek said.

According to the article, Rohit Bansal, who joined the bank from the New York Fed, forwarded an email from Fed employee Jason Gross that contained confidential supervisory information to members of his team on Sept. 26. 

“We have zero tolerance for improper handling of confidential information,” Goldman Sachs said in the memo. “We are reviewing our policies regarding any hiring from governmental institutions to ensure that they are appropriately effective and robust.”

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