10-15-2015, 06:55 PM
Wells Fargo set to buy GE lending arm
General Electric is selling its commercial leasing and lending businesses, which carry more boat dealer floorplan financing than any other lender, to Wells Fargo as the conglomerate continues to shed businesses and refocus attention on its industrial core. GE’s journey to exit the banking sector and transform itself into the world’s largest digital industrial company crossed...more
http://www.tradeonlytoday.com/2015/10/we...nding-arm/
General Electric is selling its commercial leasing and lending businesses, which carry more boat dealer floorplan financing than any other lender, to Wells Fargo as the conglomerate continues to shed businesses and refocus attention on its industrial core. GE’s journey to exit the banking sector and transform itself into the world’s largest digital industrial company crossed...more
http://www.tradeonlytoday.com/2015/10/we...nding-arm/
