GE (GE) agrees to sell its Hong Kong consumer finance business to Standard Chartered Bank as it...


GE (GE) agrees to sell its Hong Kong consumer finance business to Standard Chartered Bank as it works to reduce its assets to around $400B from more than $600B in 2008. The value of the deal was not disclosed.
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  • Tony Petroski
    , contributor
    Comments (6356) | Send Message
     
    "We bring good things to life" has become,

     

    "Working hard to reduce our Assets," or my favorite,

     

    "The Best Carbon Footprint is No Carbon Footprint."
    (Reduce your assets to zero)
    26 Feb 2010, 08:05 AM Reply Like
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