{"id":23285,"date":"2023-06-16T00:58:30","date_gmt":"2023-06-16T04:58:30","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/goldman-sachss-stock-pares-gains-on-report-of-sec-probe-into-purchase-of-securities-from-silicon-valley-bank\/"},"modified":"2023-06-16T00:58:31","modified_gmt":"2023-06-16T04:58:31","slug":"goldman-sachss-stock-pares-gains-on-report-of-sec-probe-into-purchase-of-securities-from-silicon-valley-bank","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=23285","title":{"rendered":"Goldman Sachs\u2019s stock pares gains on report of SEC probe into purchase of securities from Silicon Valley Bank"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002182118\">\n<div class=\"snippet__body\">\n<p>Goldman Sachs Group Inc.\u2019s stock fell back Thursday after bigger gains earlier in the session after the Wall Street Journal reported that the Securities and Exchange Commission is investigating the role of the bank in buying securities from Silicon Valley Bank prior to that bank\u2019s collapse in March. <\/p>\n<p>A spokesperson for Goldman Sachs said the bank had urged Silicon Valley Bank to hire an outside adviser regarding a proposed sale of securities to cover a sudden drop in deposits at the bank in early March. <\/p>\n<p>Goldman&#8230;\n      <\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/goldman-sachs-stock-falls-into-the-red-on-wsj-report-of-sec-probe-into-the-banks-role-in-securities-sales-prior-to-silicon-valley-bank-failure-97f179dc?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Goldman Sachs Group Inc.\u2019s stock fell back Thursday after bigger gains earlier in the session after the Wall Street Journal reported that the Securities and Exchange Commission is investigating the role of the bank in buying securities from Silicon Valley Bank prior to that bank\u2019s collapse in March. A spokesperson for Goldman Sachs said the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":23286,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-23285","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Goldman Sachs\u2019s stock pares gains on report of SEC probe into purchase of securities from Silicon Valley Bank | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Goldman Sachs Group Inc.\u2019s stock fell back Thursday after bigger gains earlier in the session after the Wall Street Journal reported that the Securities\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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