GE Capital to Acquire MetLife’s U.S. Retail Deposit Business
- Wednesday, December 28, 2011, 3:32
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GE Capital, the financial services division of GE (NYSE: GE), announced today that its wholly-owned bank affiliate, GE Capital Financial Inc. is acquiring MetLife’s U.S. retail deposit business, consisting of ~$7.5 billion in U.S. deposits and an established online banking platform. Financial terms of the transaction were not disclosed.
http://www.1888pressrelease.com/ge-capital-to-acquire-metlife-s-u-s-retail-deposit-business-pr-361738.html
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