- General Electric (NYSE:GE) is no longer a bank masquerading as an industrial company, according to U.S. Financial Stability Oversight Council, which has pulled GE Capital's systemically important status.
- GE announced yesterday it had reached its goal of selling off 90% of what was once a massive lending operation.
- GE +2.2% premarket
GE Capital SIFI designation rescinded
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About GE Stock
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| Symbol | Last Price | % Chg |
|---|---|---|
| GE | - | - |
| General Electric Company | ||