FAIRFIELD, Conn.--(BUSINESS WIRE)--GE (NYSE:GE) announced today an agreement to sell GE Capital Bank’s U.S. online deposit platform along with all deposits of GE Capital Bank, including online savings accounts, online CDs and brokered CDs, to Goldman Sachs Bank USA (“GS Bank”). Under this agreement approximately $16 billion of deposits will be transferred to GS Bank. The sale relates only to the deposit platform and deposits of GE Capital Bank. “As we work to reduce the size and complexity of G
| < Prev | Next > |
|---|
