Where should investors put their funds to benefit from an expected rise in interest rates? Goldman Sachs has the answer: Big cap banks. The Fed has been signaling interest rate increases for later this year and 2016, and there is a consensus in the marketplace that interest rates are expected to rise. Goldman Sachs surveyed investors and released a report with its findings on July 1st. Whether the increases in interest rates are modest or relatively sharp, investors are inclined to seek shelter in large cap banks. The underlying assumption is that the increase in interest rates will not derail the economy from its growth path. Here are the banks Goldman Sachs recommends. The investment bank likes Bank of America because it expects a boost in its earnings per share of 40%, due to the higher interest rates. Goldman Sachs likes Regions Financial Corporation because it expects its earnings per share to increase by about 25% due to rising interest rates. Last but certainly not least, it's also fond of JPMorgan Chase due to the reason that investors like to own it when interest rates start rising.