Tag: Goldman Sachs

Five US investment bank giants are reportedly faced with $1bn in fines for failing to monitor employees using unauthorised messaging apps.

Cyber protection provider Acronis raised over $250m in a funding round that set a $2.5bn valuation for the Swiss company.

Cybersecurity platform Sysdig has reached unicorn status, after its $118m Series F round puts its valuation at $1.19bn.

The UK's financial markets watchdog has commenced criminal proceedings against a former Goldman Sachs analyst and his brother, accusing them of insider trading.

InsurTech and cybersecurity companies were among the 34 FinTech companies that raised money last week, but Covid-19 continues to haunt the industry.

The total volume of fines levied against firms for breaking money laundering, data privacy, MiFID and know your customer rules jumped by 141% and amounted to $10.4bn in total so far this year.

Goldman Sachs International has been fined £96.6m by British regulators for its role in the 1Malaysia Development Berhad (1MDB) scandal.

Intelligence-driven managed security services company deepwatch has closed its Series B round on $53m, as it looks to expand its partner ecosystem.

This year has seen numerous FinTech unicorns and Unqork has continued this trend following the close of a $207m Series C round that increased its valuation to $2bn.

Data privacy platform Transcend has closed its Series A round on $25m to continue its growth rate.