American company Goldman Sachs pays a record $550 million (US) fine to settle civil fraud charges.
A court in the Holy See indicts ten people, including Cardinal Giovanni Angelo Becciu, on embezzlement, money laundering, fraud, extortion and abuse of office. Pope Francis personally approved the indictments.
The Permanent Subcommittee on Investigations of the United States Senate releases a report on the financial crisis of 2008, focusing largely on the role played by Goldman Sachs in "creating and selling structured finance products" that had their customers betting in one direction while Goldman itself bet the other way.
Internet retailer Overstock.com has amended its complaint in a long-standing lawsuit against Goldman Sachs and Merrill Lynch to demand treble damages under New Jersey's racketeering statute. Merrill Lynch is a subsidiary of Bank of America.