- CEO Larry Culp told CNBC Monday that he would cut the company's leverage by selling assets.
- On Friday, GE Capital sold a $1.5 billion healthcare-equipment finance portfolio to US lender TIAA Bank.
ADVERTISEMENT
GOLDMAN SACHS: GE Capital has a $20 billion funding gap that needs to filled by 2020 (GE)
General Electric's lending arm, GE Capital, has to fill in a $20 billion leverage gap through ways such as selling assets, Goldman Sachs says.
General Electric
General Electric's, Goldman Sachs says.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
ADVERTISEMENT