Deposit Taking news and trends

GM’s Finance Unit Has Own Online Bank — In Germany

February 19, 2016
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GM’s Finance Unit Has Own Online Bank — In Germany

February 19, 2016
Automotive giant General Motors Co., in what The Wall Street Journal said Thursday (Feb. 18) represented a move to help streamline funding costs and boost lending profits, is in the midst of running an Internet-based bank in Germany. It is also taking on retail deposits through that conduit. The operations have been up and running […]