Morning Scan: GE Sells Health Care Unit; Sadder But Wiser Bankers

Receiving Wide Coverage ...

The Incredible Shrinking GE: General Electric is shedding financing units at a rapid pace. In its latest move, the company has sold its health-care lending business to Capital One for roughly $9 billion. GE's goal is to unload $100 billion of GE Capital assets by the end of 2015 as it seeks to concentrate on its industrial business, and it's on track to do so with about $78 billion sold thus far. ...