Summary
Goldman Sachs Group Inc. (GS) filed an 8-K on October 15, 2019, primarily to report its third-quarter financial results for the period ending September 30, 2019. The filing incorporates by reference a press release (Exhibit 99.1) detailing these results and a presentation (Exhibit 99.2) for a conference call discussing the firm's performance and outlook. Investors should note the inclusion of 1MDB-related legal matters, where the firm is cooperating with investigations and engaging in discussions for potential resolutions, though no assurance of such resolution is provided. Further details on these matters are available in their prior 10-Q filing.
Key Highlights
- 1Goldman Sachs announced its third-quarter 2019 financial results on October 15, 2019.
- 2The 8-K filing includes a press release (Exhibit 99.1) and a presentation (Exhibit 99.2) for a conference call.
- 3The company is actively cooperating with the U.S. Department of Justice and other governmental/regulatory bodies regarding 1MDB investigations.
- 4Discussions are ongoing with certain authorities for a potential resolution of 1MDB-related matters.
- 5The filing references prior disclosures in the Form 10-Q for the period ended June 30, 2019, for comprehensive details on 1MDB.
- 6Certain sections of the press release and presentation are not deemed 'filed' for regulatory liability purposes.
Frequently Asked Questions
The main purpose of this 8-K filing is to announce Goldman Sachs Group Inc.'s third-quarter 2019 financial results and to provide related materials, such as a press release and a presentation for a conference call.
The filing highlights ongoing legal matters related to 1MDB, including criminal charges filed against current and former directors in Malaysia and cooperation with the U.S. Department of Justice and other governmental/regulatory investigations.
Goldman Sachs is cooperating with investigations and is engaged in discussions with governmental and regulatory authorities for potential resolutions. However, the company states there can be no assurance that these discussions will lead to a resolution.
More detailed financial information and updates on the 1MDB-related matters can be found in Goldman Sachs' Quarterly Report on Form 10-Q for the period ended June 30, 2019, which is referenced in this 8-K filing.