Goldman Sachs Will Claw Back $174 Million From Execs Including Ex-CEO Lloyd Blankfein After $2.8 Billion Corruption Settlement

Goldman Sachs Will Claw Back $174 Million From Execs Including Ex-CEO Lloyd Blankfein After $2.8 Billion Corruption Settlement

Topline

After agreeing to pay $2.8 billion in settlement money to global regulators over a Malaysian corruption scandal, Goldman Sachs is planning to recoup a collective $174 million from current and former executives, the Wall Street Journal first reported Thursday. 

Goldman Sachs chairman and CEO Lloyd Blankfein speaks at the inaugural Goldman Sachs 10,000 Women/US ... [+] State Department Entrepreneurship Program for women in the Middle East and Northern Africa on March 9, 2015 at the State Department in Washington, DC.



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Key Facts





According to the firm's Board of Directors, Goldman is seeking to forfeit $76 million from three former employees implicated in the scheme.





Goldman will also