Goldman Sachs may target the assets of failed banks such as IndyMac Bank as it transforms from the biggest investment bank on Wall Street into the fourth-largest bank holding company in the United States.

“We plan to build our banking business organically and by buying retail deposits and bank assets in the wholesale market, not through opening branches,” a Goldman Sachs spokesman said. “For example, the FDIC is selling IndyMac assets and those might be the sort of thing we’d be interested in looking at.”

One of the benefits of buying bank deposits from the FDIC,instead of merging with or acquiring an operational bank,is that the regulator sells “clean” assets.

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