A screen at a trading post on the floor of the New York Stock Exchange is juxtaposed with the Goldman Sachs booth, Thursday, Oct. 16, 2014. Goldman Sachs Group Inc. on Thursday reported third-quarter profit of $2.24 billion. (AP Photo/Richard Drew) Goldman Sachs has traditionally functioned like a run-of-the-mill investment bank. Minimums to open an account were in the range of $10 million, and returns were not guaranteed. While that will still remain true for the firm’s wealth management arm, Goldman is opening its doors to the masses with the launch of GS Bank, an FDIC-insured, Internet-based savings bank. And just what do we… Read More

Source: News