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GE’s finance unit sheds its ‘too big to fail’ designation
June 29, 2016 by creative · Leave a Comment
The move by the Financial Stability Oversight Council was the first time a non-banking firm has been freed from the designation, a product of the financial crash that can trigger stricter oversight and requirements to hold more capital. It was a big victory for GE …
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GE’s finance unit sheds its ‘too big to fail’ designation