Oakland YouTube Zennie62 on YouTube.com

BREAKING: Goldman, Morgan Switch To Bank-Holding Firms

The Federal Reserve says it has granted a request by the country's last two major investment banks Goldman Sachs and Morgan Stanley—to change their status to bank holding companies. The change in status will allow them to create commercial banks that will be able to take deposits, bolstering the resources of both institutions.

read more | digg story
Post A Comment
  • Blogger Comment using Blogger
  • Facebook Comment using Facebook
  • Disqus Comment using Disqus

No comments :

Popular Posts