Goldman, Morgan Stanley Left Out of Banks’ New Lobbying Powerhouse

An effort by the nation’s largest banks to boost their lobbying clout in Washington is leaving three industry titans on the sidelines: Goldman Sachs Group Inc., Morgan Stanley and Credit Suisse Group AG. The decision is part of a sometimes fractious debate playing out as high-profile CEOs, including Bank of America Corp.’s Brian Moynihan and JPMorgan Chase & Co.’s Jamie Dimon, work to combine the Financial Services Roundtable and the Clearing House Association.