Goldman Sachs investment banker charged in insider trading scheme

A Goldman Sachs Group Inc investment banker was released on bond and placed on leave by the firm after allegedly being involved in an insider trading scheme, a bank spokeswoman said on Saturday. Bryan Cohen, a vice president at Goldman Sachs who works in the Consumer Retail industry group, was arrested early Friday on charges of conspiracy to commit securities fraud. Goldman Sachs spokeswoman Nicole Sharp said the firm is “cooperating with the authorities on the situation regarding Mr. Cohen.