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Goldman Sachs could benefit from buying E*Trade - CLSA

May 2- Goldman Sachs Group Inc could benefit if it expanded its traditional banking by acquiring online brokerage E* Trade Financial Corp given the Wall Street bank's revenue has been largely flat this decade, said CLSA analyst Mike Mayo. The bank, which carries out consumer, corporate and private banking through GS Bank USA, has initiated the expansion of...

Source: Reuters

Early movers: UNH, JNJ, GS, HOG, PM, EBAY, PNRA, IBM, NFLX & more

These are the stocks posting the largest moves before the bell.

Source: CNBC.com

UPDATE 1-Fed approves Goldman acquisition of GE Capital's U.S. online deposits

March 21- Goldman Sachs Group Inc received permission on Monday to complete its $17 billion acquisition of GE Capital Bank's U.S. online deposits. Goldman would control around $95 billion in deposits through its GS Bank unit following the acquisition, according to a statement from the Federal Reserve. Approval from the states of New York and Utah are still...

Source: Reuters

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

March 21- Goldman Sachs Group Inc received permission on Monday to complete its $17 billion acquisition of GE Capital Bank's U.S. online deposits. Goldman would control around $95 billion in deposits through its GS Bank unit following the acquisition, according to a statement from the Federal Reserve. Approval from the states of New York and Utah are still...

Source: Reuters