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How Goldman Sachs Learned to Stop Worrying and Love Bank Regulation

JUL 17, 2012 9:35am ET

Receiving Wide Coverage ...

Goldman Sachs: The Journal's lead story says the Wall Street firm is expanding its private bank, with a goal of building up its portfolio of loans to wealthy clients and corporations to $100 billion from $12 billion in March. The subsidiary bank's deposits, also sourced from well-heeled individuals, have grown to nearly $50 billion from a hair over $30 billion in 2009. Chief Executive Lloyd Blankfein tells the Journal that the firm,…

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