A former Goldman Sachs analyst was on Friday jailed for 22 months after he was convicted in a London court of using inside information to buy shares in listed companies and make more than 140,000 pounds ($175,650). Mohammed Zina, 35, was employed by Goldman Sachs International in its conflicts resolution group in London. Prosecutors said he used confidential information to buy shares in six companies between July 2016 and December 2017, including chip designer Arm Holdings with knowledge of SoftBank Group's impending $32 billion acquisition.
LONDON, Feb 16 ― A former Goldman Sachs analyst was today jailed for 22 months after he was convicted in a London court of using inside information to buy shares in listed.
Ex-Goldman Analyst Jailed for 22 Months for Insider Trading bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Mohammed Zina used confidential information to buy shares in six firms, including in chip designer Arm Holdings with knowledge of SoftBank’s impending $32bn acquisition