On September 22, Goldman affirmed its transition to a bank holding company. The former-investment bank has mulled a partnership with a more traditional brick-and-mortar banking operations in addition to launching its own internet banking operation.
Goldman Sachs' highly anticipated earnings release carries more weight than usual this time around since they are expected to report a quarterly deficit for the first time since going public in 1999. Goldman is in the process of mapping out their bank-holding company status as it attempts to build reserves.
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