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.
British, German regulators to probe Goldman’s sale of mortgage securities
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