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The Goldman Sachs company logo is seen in the company s space on the floor of the New York Stock Exchange in New York, U.S., April 17, 2018. REUTERS/Brendan McDermid/File Photo
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NEW YORK, June 28 (Reuters) - Goldman Sachs Group Inc (GS.N) and two former top executives were ordered by a U.S. judge on Monday to face a lawsuit accusing them of misleading shareholders about the bank s work for 1MDB, a Malaysian fund that became embroiled in a corruption scandal.
U.S. District Judge Vernon Broderick in Manhattan said shareholders in the proposed class action adequately alleged that several statements by Goldman, former Chief Executive Lloyd Blankfein and former Chief Operating Officer Gary Cohn about 1MDB and Goldman s ethics were false and misleading.
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UBS Group AG will permanently allow as many as two-thirds of its employees to adopt a hybrid model of working from home and the office, according to a person familiar with the plans, in a bid to be more competitive in recruitment compared with many US banks that have taken a more hardline approach.
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Goldman Sachs increases quarterly dividend to $2 per share reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.