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Fed approves Goldman acquisition of GE Capital’s U.S. online deposits

March 21, 2016 by · Leave a Comment 

The deal, which was approved by the Federal Reserve, had been pending since August 2015. Goldman would control around $95 billion in deposits through its GS Bank unit following the acquisition, according to a statement from the Federal Reserve.

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Fed approves Goldman acquisition of GE Capital’s U.S. online deposits