Financial regulators in Britain and Germany said Monday that they will open investigations to see whether Goldman Sachs’s sale of mortgage securities broke any local laws after the disclosure that two European banks lost money on what US officials allege were fraudulent deals. London’s Financial Services Authority and Germany’s BaFin regulatory agency said they were coordinating with the US Securities and Exchange Commission’s investigation of Goldman’s sale of an investment that, the SEC charges, was structured to fail.
Most Popular Articles
You asked, and we answered. A Pittsburgh startup company is introducing a new way to look at homeownership, and it’s creating quite a stir.
Real estate tech company RealPage announced recently that it will be acquiring multifamily real estate engagement solution Modern Message.