U.S. Insider Probe Said to Intensify Asia, Bank Focus With Goldman Analyst
By Patricia Hurtado – Feb 15, 2012 9:34 AM ET
The multiyear insider trading probe that has implicated U.S. hedge funds, technology company employees and consultants is intensifying its focus on banks and Asia as federal investigators probe Goldman Sachs Group Inc. (GS) technology analyst Henry King, according to a person familiar with the matter.
Michael DuVally, a spokesman for the New York-based bank, didn’t immediately return a call seeking comment on the investigation. James Margolin, a spokesman for the Federal Bureau of Investigation in New York, declined to comment on the case, or whether King is cooperating. The probe of King was reported earlier by the Wall Street Journal.
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