Goldman Sachs Decision Raises Bank Failure Questions In UK

By Ben Pilbrow and Ross Lennox (August 13, 2018, 5:37 PM EDT) -- Depending upon your position on the political spectrum, the U.K. Supreme Court's recent judgment in Goldman Sachs International v. Novo Banco SA either illustrated the benefits of remaining in the European Union or highlighted the dangers of not breaking free from it. Perhaps surprisingly, the proceedings cast Goldman Sachs, a significant player in an industry seen as at risk from Brexit, in the role of Eurosceptic....

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