Exact(9)
There are plans, however, to build up areas like foreign exchange, commodities and investment banking, according to the slides.
The bank is also exploring a number of other fee increases, including for online banking, according to people with knowledge of the matter.
Orszag will take the role in addition to his duties as vice chairman of corporate and investment banking, according to a memo today to the New York-based lender's employees," Bloomberg News reports.
Senior Goldman executives are considering whether to cull partner-heavy divisions like investment banking, according to people with knowledge of the matter who were not authorized to speak on the record.
In a series of announcements over the next two weeks, his re-election campaign will outline plans to reduce the city's unemployment rate, stem home foreclosures, prop up small businesses and clamp down on predatory banking, according to his advisers.
The use of bank branches is falling sharply as customers turn to mobile phones, contactless cards and text messages to conduct their banking, according a report published on Tuesday.
Similar(48)
JPMorgan Chase locates 99 percent of its derivatives at an insured bank, according to bank regulatory data.
But the bank, according to the S.E.C., looked the other way.
Others said that it was reasonable to judge all banks according to the same standard.
Other big banks, according to the Fed report, have yet to take such action.
Mr. Haider also drained resources from the bank, according to the parliamentary investigators.
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