1MDB Not Slowing Goldman's Deals

The transcript discusses the impact of the 1MDB scandal on Goldman Sachs, particularly in Asia, where their market share remains strong despite the controversy. Legal efforts are underway in multiple countries to resolve the case and recover funds. Goldman Sachs attributes the issue to rogue traders rather than a systemic compliance problem, maintaining investor confidence. Coordination among the US, Singapore, and Malaysia is ongoing to address the situation. The bank continues to focus on deal-making and attracting wealthy clients in Asia, a region experiencing significant growth in millionaires and billionaires.

What factors have contributed to the increase in market share for Goldman Sachs in Asia?

In what ways is Goldman Sachs attempting to maintain its client relationships amidst the challenges posed by the 1MDB scandal?

How has the situation with 1MDB affected Goldman Sachs' operations in the region?

What steps are being taken by law enforcement regarding the 1MDB case?

What are the implications of the rise in the number of millionaires and billionaires in Asia for banks like Goldman Sachs?