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A former Goldman Sachs analyst was on Friday jailed for 22 months after he was convicted in a London court of using inside information to buy shares in listed companies and make more than 140,000 pounds ($175,650). Mohammed Zina, 35, was employed by Goldman Sachs International in its conflicts resolution group in London. Prosecutors said he used confidential information to buy shares in six companies between July 2016 and December 2017, including chip designer Arm Holdings with knowledge of SoftBank Group's impending $32 billion acquisition.

LONDON, Feb 16 ― A former Goldman Sachs analyst was today jailed for 22 months after he was convicted in a London court of using inside information to buy shares in listed...

Mohammed Zina used confidential information to buy shares in six firms, including in chip designer Arm Holdings with knowledge of SoftBank’s impending $32bn acquisition

A former Goldman Sachs analyst who was found guilty of six counts of insider trading and three counts of fraud, was sentenced to 22-months in prison

The FTSE 100 jumped after a stronger-than-expected rise in US wholesale prices pushed up the value of the dollar.