GE (GE) is reportedly looking to continue its strategy of offloading non-core assets with the...

|By:, SA News Editor

GE (GE) is reportedly looking to continue its strategy of offloading non-core assets with the sale of its Swiss consumer lending business in a deal that could be worth as much as 1.5B francs ($1.62B). UBS (UBS) is one of at least two suitors to have made bids for GE Money Bank in an auction.