Saturday

1st Oct 2016

Ticker

EU: Barroso not obliged to notify on Goldman Sachs

EU Commission president Jean-Claude Juncker learned about his predecessor, Jose Manuel Barroso's move to Goldman Sachs, a US investment bank after it was announced, a Commission spokesman said, adding that under EU rules Barroso was not obliged to notify the EU executive before the decision to accept the bank's chairman and advisory jobs. Barroso came under fire for joining the bank that helped set off the 2008 financial crisis.

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