Ex-Goldman banker barred from banking for leaking confidential Fed info

The Fed action resulted in a $36.3 million fine against Goldman Sachs and a recommendation of a lifetime banking industry ban for Jiampietro for misusing confidential supervisory information. On.

Ex-Goldman banker barred from banking for leaking confidential Fed info Posted on November 6, 2015 | Leave a comment A former Goldman Sachs ( GS ) employee will never work in banking again, after pleading guilty to charges of stealing confidential information from the Federal Reserve Bank of New York .

 · The Fed alleged that Jiampietro in 2014 on multiple occasions asked Rohit Bansal, a Goldman associate who previously worked at the Federal Reserve Bank of New York, to obtain confidential.

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Ocwen’s road ahead: Well, can’t get any worse Ex-Goldman banker barred from banking for leaking confidential Fed info Ex-Goldman banker faces criminal charges in NY Fed case -sources. Goldman fired Bansal after it discovered he was in possession of confidential Fed information.

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Ex-Goldman banker barred from banking for leaking confidential Fed info Ex-Goldman Sachs Banker Bansal Gets Probation Over Fed Leak .. An ex-Goldman Sachs Group Inc. banker who got a former colleague to steal documents from the Federal Reserve Bank of New York was. When Goldman Sachs’s management learned that Bansal got confidential information from the Fed.

Bansal’s case came to light after prosecutors investigated the leak of confidential Fed materials in 2014. They accused the former Goldman banker of obtaining confidential supervisory documents.

The Fed contends that Joseph Jiampietro, while working as a Goldman Sachs managing director, obtained the unauthorized supervisory data belonging to bank regulators and utilized the information for his work at the financial firm. The Fed said that ex-Goldman Sachs banker rohit bansal was the one who shared the confidential documents with.

A former Goldman Sachs Group Inc. banker who pleaded guilty to receiving documents that had been misappropriated from the Federal Reserve Bank of New York has been banned from the financial industry.

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A former Goldman Sachs banker suspected of taking confidential documents from a source inside the government has agreed to plead guilty, a rare criminal action on Wall Street, where Goldman itself is facing an array. Existing. sales dip of 3.9 percent.