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GE plans to exit U.S. retail lending
REUTERS (Approx. 4 pages)
GE plans to exit U.S. retail lending
REUTERS (Approx. 4 pages)
8/30/13 REUTERS 17:33:14
REUTERS
Copyright © 2013 Thomson Reuters
August 30, 2013
GE plans to exit U.S. retail lending
By Patricia Kranz, Jessica Toonkel, Douwe Miedema and Sakthi Prasad
(Reuters) - General Electric Co plans to spin off the U.S. consumer lending operations of its finance arm GE Capital, as the conglomerate moves to focus on its core industrial...
---- Index References ----
Company: GENERAL ELECTRIC CO; JPMORGAN CHASE AND CO; GENERAL ELECTRIC CAPITAL CORP; DOW JONES AND CO INC; GOLDMAN SACHS GROUP INC (THE)
News Subject: (Equity Instruments (1EQ90); Initial Public Offerings (IPOs) (1IN65); Funding Instruments (1FU41); Economics & Trade (1EC26); Consumer Protection (1CO43); Corporate Funding (1XO17); Stock Offerings (1ST44))
Industry: (Financial Services (1FI37); Banking (1BA20); Commercial Banking Services (1CO19); Securities Investment (1SE57); Banking Services for Small Business (1BA68); Investment Management (1IN34))
Language: EN
Other Indexing: (Jeff Immelt; Nicholas Heymann; Lucy Nicholson; Lucy Nicholson Small)
Keywords: banking; general electric; retail; lending (MCC:OEC); (N2:US); (N2:AMERS); (MCCL:OEC)
Word Count: 395
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