{"id":30180,"date":"2012-07-18T05:25:16","date_gmt":"2012-07-18T09:25:16","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=30180"},"modified":"2012-07-18T05:25:16","modified_gmt":"2012-07-18T09:25:16","slug":"goldman-builds-private-bank","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2012\/goldman-builds-private-bank.html","title":{"rendered":"Goldman Builds Private Bank"},"content":{"rendered":"<p>WSJ &#8211; Goldman Sachs Group\u00a0Inc.\u00a0is building an in-house bank to lend money to wealthy people and companies.\u00a0Rules that stem from the U.S. Dodd-Frank overhaul, including the Volcker rule, which limits the gambles a bank can take with its own money, and international capital rules that dictate how much risk Goldman can take on, are crimping the firm&#8217;s ability to make profits in its trading business, executives say.<\/p>\n<p>To date, Goldman&#8217;s banking unit has about $100 billion in assets, or nearly 10% of Goldman&#8217;s total assets.\u00a0About half of the bank&#8217;s assets are in the form of derivatives instead of loans. Goldman parked them there after the financial crisis.<\/p>\n<p><a href=\"http:\/\/online.wsj.com\/article\/SB10001424052702303644004577525241303278300.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>WSJ &#8211; Goldman Sachs Group\u00a0Inc.\u00a0is building an in-house bank to lend money to wealthy people and companies.\u00a0Rules that stem from the U.S. Dodd-Frank overhaul, including the Volcker rule, which limits the gambles a bank can take with its own money, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-30180","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/30180","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=30180"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/30180\/revisions"}],"predecessor-version":[{"id":30182,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/30180\/revisions\/30182"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=30180"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=30180"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=30180"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}