U.S. Attorney General Eric H. Holder, testifying before the House Judiciary Committee on May 3, confirmed that his department is reviewing the report from the Senate committee, which was led by Michigan Democrat Carl M. Levin. Oklahoma's Thomas A. Coburn is the ranking Republican on the panel.
The bank rose 14 cents, or 0.1 percent, to $133.67 in New York Stock Exchange composite trading at 10:24 a.m., two days after it touched the lowest value in almost a year. The shares are down 21 percent this year, and have fallen in 12 of the last 15 weeks.
Bove, who is based in Lutz, Florida, is one of two analysts with a negative rating on Goldman Sachs, according to data compiled by Bloomberg. The other is Christopher Wheeler, a London-based analyst for Mediobanca SpA. Of 28 analysts surveyed, 18 recommend that investors buy the stock and eight call for holding it.