Aug 13 (Reuters) - Goldman Sachs Group Inc is buying GE Capital Bank's U.S. online deposits, a move that will help the largest U.S. investment bank reduce its reliance on bond markets for funding.
About $16 billion of deposits will be transferred to Goldman Sachs Bank USA, General Electric Co said in a statement on Thursday.
13:19 There's a long list of reasons people might not like Trump's pick for Treasury secretary10
07:14 Italy Votes in Referendum With PM Matteo Renzi's Future at Stake9
06:21 Carlos Beltran agrees to one-year deal with Houston Astros11
18:05 DP World, Quebec's Caisse to create C$5 billion investment vehicle12