Private Banker International: Goldman Sachs’ commercial bank has filed an application to open a branch in London to lend to private clients. Goldman Sachs Bank USA has held a commercial banking licence since becoming a bank holding company in 2008 and filed an application for a new UK office with its local regulator, New York’s Department of Financial Services.
Full story: http://www.vrl-financial-news.com/wealth-management/private-banker-intl/issues/pbi-2012/goldman-sachs-to-open-uk-bank.aspx