Goldman CEO says bank is more diverse than it looks

Goldman Sachs Group Inc is trying to convince investors its business model is more diverse than meets the eye. On Tuesday morning, Chief Executive Officer Lloyd Blankfein made a presentation that sought to paint Goldman as a bank that earns steadier profits than peers through sundry business lines. Those ideas run contrary to the common narrative on Wall Street that Goldman is good at earning money by trading and investing its own capital, but little else.