Twenty Goldman Sachs analysts sacked for cheating in exams

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A group of analysts at Goldman Sachs were fired after being caught cheating in exams – using company devices. 

Twenty staff members from the investment bank’s New York and London offices were dismissed when they were caught using Google to search for answers. 

Goldman Sachs spokesman Sebastian Howell said: “This conduct was not just a clear violation of the rules, but completely inconsistent with the values we foster at the firm.”

No investigation into the possibility of wider cheating has been launched at the bank and fewer than half of the 20 staff involved were based in London, according to a source. 

Goldman Sachs was ranked as the 15th best graduate employer in The Times’ annual guide this year. 

The company’s chief executive, Lloyd Blankfein, revealed 43,000 people applied for 1,900 analyst positions at the bank in 2013.

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October 21, 2015 |
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