If it's put in place, I'm pretty sure that Goldman will give up their banking license.

The bank is expected to apply for a national banking license, once it meets its shareholders' capital objectives.

Since 1989, individuals could no longer be granted banking licenses.

The bank then successfully applied for reinstatement of its banking license.

The original banking license was issued on September 27, 2001.

The bank was later on granted a universal banking license on July 31, 2012.

The name was changed to Saxo when the company obtained a banking license in 2001.

Its current banking license was renewed on February 27, 2002.

In 2011, the institution received a commercial banking license and rebranded to its current name.

In 2005 the bank, which at the time had 22 financial services branches, applied for and received a commercial banking license.