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GE Capital sheds “too big to fail” designation

The company no longer poses risks to U.S. financial stability, per Treasury Secretary Jacob Lew.

GE Capital formally asks to shed its ‘too big to fail’...

GE Capital received the SIFI label in 2013, but according to Chairman and CEO Keith Sherin, the label no longer applies.

GE sells health care lending business for $9 billion

Fairfield-based GE will sell $8.5 billion of its health care-related loans and its Healthcare Financial Services U.S. lending business to Capital One for approximately $9 billion, the company announced.