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Page last updated at 20:29 GMT, Tuesday, 20 April 2010 21:29 UK

UK watchdog to probe Goldman Sachs

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The Financial Services Authority has announced an investigation into the activities of the American investment bank Goldman Sachs, after fraud charges were brought last week in the United States.

It comes on the day the bank posted a profit of nearly two and a quarter billion pounds for the last three months.

Robert Peston reports.

READ MORE:Goldman Sachs is accused of fraud
READ MORE: Profits at Goldman Sachs top $3bn

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