"I suspect Goldman will be using more technology and proprietary trading to make money."
Banks involved in high risk activities, such as proprietary trading, would also be subject to higher capital requirements.
Its main activities include fund management, proprietary trading, floor brokerage and margin lending.
Such proprietary trading has since been severely restricted, the report said.
The new plan is likely to be less generous to directors in proprietary trading, people at Salomon said.
That committee, which now has five members, will have responsibility for both client business and proprietary trading, helping to create a more unified firm.
In previous quarters, however, such proprietary trading has been an extremely profitable area for the firm.
And for the first time, proprietary trading would report to the firm's operating committee.
Among the bank's new initiatives is a return to proprietary trading.
"Market making for customers has not become more important than proprietary trading, but the proportion has increased over the last two or three years."