Wednesday, June 29, 2016

UPDATE 2-GE's finance unit sheds its "too big to fail" designation

June 29 (Reuters) - General Electric Co.'s slimmed

down financing arm shed its "too big to fail" designation on

Wednesday, no longer deemed by the U.S. government "systemically

important" and so liable to wreck the economy in the event it

runs into distress.

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