BUSINESS

Goldman Sachs Can Bypass Volcker Rule: Report

04/04/2010 05:12 am ET | Updated May 25, 2011

Some institutions will be able to avoid facing the Volcker rule by shedding their insured deposits, according to U.S. Deputy Treasury Secretary Neal Wolin on Monday.

Goldman Sachs Group, which funds fewer than 5 percent of its assets with deposits, could easily change its funding profile to get out from under the rule.

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