This content is from: Portfolio

Goldman Deregisters Banker After Charges

Goldman Sachs has deregistered in London Fabrice Tourre, the banker said to be at the center of the collateralized debt obligations that led to fraud charges in the U.S. against the firm.

Fabrice Tourre

Goldman Sachs has deregistered in London Fabrice Tourre, the banker said to be at the center of the collateralized debt obligations that led to fraud charges in the U.S. against the firm.

The move came after the U.K.’s Financial Services Authority announced a formal enforcement investigation against Goldman. The 31-year-old Goldman banker had been registered with the Financial Services Authority to work with clients since November 2008. However, his embattled employers applied to the FSA to de-register him. Tourre is on payroll but is on permanent leave from the firm.

Click here for complete coverage of this story.

Related Content