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Goldman, Morgan to Become Full-Fledged Banks

Posted By: Joshua Dorkin, over 3 years ago (Report Spam)
Category: Real Estate News / Type: News
Source: dealbook.blogs.nytimes.com

Goldman Sachs and Morgan Stanley, the last two independent investment banks, will become bank holding companies, the Federal Reserve said Sunday night, a move that will fundamentally alter the landscape of Wall Street.