Goldman’s Risk-Weighted Assets Seen Jumping Under New Rules

Goldman Sachs Group Inc., the fifth-biggest U.S. bank by assets, would have $728 billion in risk-weighted assets under new capital rules, a 67 percent jump from the amount it had under earlier regulations.

The investment bank plans to cut the figure to $700 billion by the end of next year, Chief Executive Officer Lloyd C. Blankfein, 58, said today at an investor conference in New York sponsored by Bank of America Corp.’s Merrill Lynch unit. About $18 billion of the reduction will come from cutting credit risk, and $11 billion from market risk, Blankfein said in his seventh straight appearance at the annual event.