Goldman's Consumer Banking Push

6/7/17

Looking to make further inroads into lending, Goldman Sachs Bank USA (NYSE:GS) plans to raise the rate it offers customers on deposits to 1.2%, making it the highest interest paying bank, according to Bankrate.com

Its old rate was still pretty good. The Wall Street lender's consumer arm had previously offered savers 1.05%, compared to the national average of 0.06%.

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