Goldman Sachs Faces Probe Into Fixed Income Trading

Goldman Sachs Group Inc (NYSE:GS) revealed Friday more regulatory probes into its fixed-income trading and financial advisory businesses.

Goldman Sachs Group Inc (NYSE:GS) however did not elaborate on the nature of the probe, what fines it could face or what regulatory bodies are conducting the probe.

Record year for corporate bond issuance

Citing known sources, Justin Baer and Katy Burne of The Wall Street Journal point out the Securities and Exchange Commission has sent requests for information about how banks, including Goldman Sachs, allocate corporate bond deals...