The bank is looking at paying several billion dollars in fines and restitution. Toward the end of last year, Goldman began setting aside money for the case, which is being pursued by federal prosecutors and bank regulators, as well as authorities in Malaysia.

Goldman is eager to avoid a more punitive resolution, like a deferred prosecution agreement. In a deferred prosecution, the authorities ultimately decline to pursue charges if a company complies with certain requirements such as overhauling its compliance operation and paying hefty fines.

One former top Goldman banker has already pleaded guilty to federal charges in connection with the investigation, and a junior banker has also been charged. Federal prosecutors have said that at least $2.7 billion was looted from the fund by people close to Malaysia’s former prime minister, Najib Razak. A financier, Jho Low, who was charged in the fraud, is a fugitive believed to be in China.

Goldman Sachs was the primary banker for 1MDB, helping to sell nearly $6 billion in bonds. The bank has said it regretted the fraud carried out by its former partner, Tim Leissner, but has said it followed appropriate procedures and was cooperating with the investigation. The bank has said the scheme was carried out by rogue employees who deceived management at Goldman.

The bank said the clawback provision would give the board the “flexibility to reduce the size of the award” to senior executives, if necessary, as a result of the 1MDB case. Mr. Solomon replaced Mr. Blankfein as Goldman’s chief executive on Oct. 1; Mr. Blankfein stayed on as chairman of the board through the end of the year.