$460m Goldman shares sold off

More than 150 former partners of Goldman Sachs have sold shares in the firm worth a combined $460m (€547.4m) in the past month. They also have the right to sell more than $300m of shares by the end of the firm's fourth quarter.

The sales, revealed in filings with the Securities and Exchange Commission in the US, are in addition to the $4.1bn secondary share offering by Goldman Sachs in August. They are part of a programme of share sales by former and retired partners to gradually release stock into the market.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump