Why Goldman Sachs Is Launching an Online BankBy
Regulators unveil liquidity rule, noting most banks meet it
Goldman, Morgan Stanley have multiplied deposits since crisis
Goldman Sachs Group Inc.’s new online bank, acquired from General Electric Co. last week, caps a decade-long shift by the firm and Morgan Stanley to lean more on deposits for funding -- efforts that will help them comply with a U.S. rule unveiled Tuesday.
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