GE Erases ‘Too-Big-to-Fail’ Tag with Sale of Financial Businesses

 

 

 
General Electric Co. won approval to drop its designation as a too-big-to-fail financial institution, capping a transformation that has included the sale of nearly all of its lending business. The decision marks the first time a company has been granted …

from News – Insurance Journal http://ift.tt/292uBpK
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