The payment to the Justice Department is broadly in line with the bank’s prior reserves and analysts’ estimates. The deal, expected to come just weeks before the U.S. presidential election, would remove uncertainty for the bank following years of investigations and negotiations with the Justice Department over the firm’s fundraising for the 1MDB investment fund. It follows an agreement in July to settle a related probe with Malaysia, in which the bank promised to pay $2.5 billion. […] A representative for Goldman Sachs declined to comment, and representatives for the Justice Department didn’t respond to messages seeking comment. In all, Goldman Sachs may pay roughly $5 billion once accords with Malaysia, the Justice Department and other agencies are tallied together.
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