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GE's Immelt would oppose splitting off finance arm (Reuters via Yahoo! News) Print E-mail

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General Electric Co opposes any regulation that would force it to split off its hefty finance business, the conglomerate's chief executive said in a memo to staff on Monday.


SC Finance agrees to look at volume of related party loans (Otago Daily Times)

The stayer among finance companies, South Canterbury Finance (SCF), has agreed to look at the volume of its related party lending after concerns were raised about the historic relationships.
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