General Electric hires Deutsche Bank to sell Italian lender Interbanca - sources LONDON, May 28- General Electric Co has picked Deutsche Bank to sell Italian lender GE Capital Interbanca as part of a strategic review to refocus the U.S. conglomerate around its industrial base, two sources familiar with the matter said. Deutsche Bank could conduct a piecemeal sale and offload Interbanca's units such as lending, factoring, leasing and fleet as...
| By: Pamela Barbaglia
6 trades on big day for chip makers Intel, Qualcomm and Broadcom all saw big gains on Wednesday, and "Fast Money" traders discussed which names have more room to run.
| By: Jacob Pramuk
UPDATE 1-GE Capital CEO: Priority on sale of private equity-lending assets May 27- As General Electric Co seeks to unload most of its finance assets, it is prioritizing the sale of businesses that provide lending to U.S. and European private equity firms, and to healthcare-related businesses, GE Capital's top executive said on Wednesday. We have to get those done quickly, " Keith Sherin, chief executive of GE Capital, told an investor...
| By: Lewis Krauskopf