WSJ – Goldman Sachs Group Inc. (GS) would be the hardest hit if White House proposals to limit so-called proprietary trading become law, analysts said Thursday.

Morgan Stanley (MS), J.P. Morgan Chase & Co. (JPM), Bank of America Corp. (BAC) and Citigroup Inc. (C) also would be affected, the analysts added.

On a day when Goldman reported a full-year profit of more than $13 billion, President Barack Obama proposed that banks and financial institutions that contain banks should be banned from running proprietary trading operations unrelated to serving customers.

Obama also proposed that banks should not be able to own, invest in or sponsor hedge funds and private-equity funds.

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