Goldman Sachs working to meet Fed's capital demands.

BANKING AND CREDIT NEWS-June 30, 2020--Goldman Sachs working to meet Fed's capital demands

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Global Banking News - 30 June 2020

Goldman Sachs (NYSE: GS) has said that it is working to meet the Fed's capital demands.

The firm said that it has already taken measures to boost its capital levels and is working to meet the Federal Reserve's benchmark for October. The company made the comment after faring worse than rivals in the US central bank's recent stress tests.

The Fed had...

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