Ex-Goldman Analyst Fed Insider Data to Brother, FCA Says (1)

An ex-Goldman Sachs Group Inc. analyst struck insider trades in ARM Holdings Plc and five other stocks reaping more than £140,000 ($179,850) along with his City lawyer brother, prosecutors said at the start of a London fraud trial.

Mohammed Zina, who worked in the Conflicts Resolution Group at Goldman’s London office, is standing trial for using confidential information for insider dealing between July 2016 and December 2017, along with his brother Suhail Zina, who was an attorney at Clifford Chance. The pair face six counts of insider trading and three fraud.

The allegations are that the brothers “acting ...