Correction: GE Capital looks to spin off U.S. consumer lending ops, WSJ says

theflyonthewall.com

General Electric's GE Capital arm is looking to spin off the unit that issues store-branded credit cards in the U.S., according to The Wall Street Journal. Early work to separate the business through an IPO has begun, the report noted, citing people familiar with the matter. This note corrects an earlier one with a misleading headline about the company's intent.

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