BUSINESS
11/03/2010 05:12 am ET | Updated May 25, 2011

Goldman Sachs Disbanding Principal Strategies Unit: Bloomberg

Sept. 3 (Bloomberg) -- Goldman Sachs Group Inc. is shutting its principal-strategies business, a group that makes bets with the firm's own capital, to comply with new U.S. rules aimed at curbing risk, two people with knowledge of the decision said.

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