(GS) Goldman Sachs Group Becomes Holding Company
Posted on August 21, 2009 at 14:56 PM EDT
Goldman Sachs Group Inc. (GS) announced that it has received Federal Reserve’s approval on August 14, 2009 to become a financial holding company. Goldman had intended to seek FHC status when it first converted to a Bank Holding Company last year. The designation allows Goldman to continue to participate in non-banking financial activities, including private equity [...] (GS) Goldman Sachs Group Becomes Holding Company