![]() Bloomberg |
GE Weighs IPO for Parts of Shrinking Finance Business
Bloomberg GE has been slashing the size of its financial arm since its access to capital evaporated when credit markets froze in the wake of Lehman Brothers Holdings Inc.'s 2008 bankruptcy, endangering the entire company. Immelt has turned his focus to boosting … GE eyes consumer finance unit IPO GE Plans More Cuts at Finance Arm by End of 2014 GE Weighs Selling Off Large Parts of Finance Arm |