NY Gov: Goldman wants to be full-service NY bank

NEW YORK, Oct 13 (Reuters) - Goldman Sachs (GS.N: ) on Monday applied to New York state's banking department to become a "full service state-chartered bank," Gov David Patterson said, saying this helps cement New York's position as a financial capital. Goldman, which would be one of the 10 largest U.S. banks with $150 billion in assets, wants to turn a New York-chartered trust it has had since 1990 into a full service New York bank with trust powers, under the name Goldman Sachs Bank USA, the Democratic governor said in a statement. Goldman's Utah-based industrial loan company would be... [read full story]