(Photo: Daniel Acker/Bloomberg News)
Goldman Sachs Group Inc. raised the top end of its range of “reasonably possible” legal expenses to about $5.9 billion, the Wall Street firm said Monday in a regulatory filing.
The estimate, which tracks potential losses above what already was set aside in reserves, was at about $3.8 billion in May.
In the same filing, Goldman said it was in talks with U.S. and state authorities to resolve claims stemming from the firm’s sales of mortgage bonds headed into the financial crisis.
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