General Electric sells GE Capital Bank’s online platform to Goldman Sachs

August 13, 2015 8:59 PM

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General Electric sells GE Capital Bank’s online platform to Goldman Sachs

Goldman Sachs Bank USA to get about $16 billion in deposits in deal

General Electric Co. has agreed to sell GE Capital Bank’s online deposit platform and about $16 billion in deposits to Goldman Sachs Bank USA.

Also read: Warren Buffett Has a Paper Gain of $13.5 Billion From His Bank of America Bet

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