Goldman Sachs Statement on Proposed Capital Actions
NEW YORK -- March 14, 2013
The Goldman Sachs Group, Inc. (NYSE: GS) today announced that the Federal
Reserve did not object to Goldman Sachs’ proposed capital actions, but, as
required by the Federal Reserve, the company will resubmit its capital plan by
the end of the third quarter, incorporating certain enhancements to its stress
“We are pleased to continue to have the flexibility to return capital to
shareholders,” said Chairman and Chief Executive Officer, Lloyd Blankfein.
The Goldman Sachs Group, Inc. is a leading global investment banking,
securities and investment management firm that provides a wide range of
financial services to a substantial and diversified client base that includes
corporations, financial institutions, governments and high-net-worth
individuals. Founded in 1869, the firm is headquartered in New York and
maintains offices in all major financial centers around the world.
The Goldman Sachs Group, Inc.
Jake Siewert, 212-902-5400
Dane Holmes, 212-902-0300
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