Wells Fargo in Talks to Buy GE ‘Lending Unit’

Wells Fargo bank is in talks to buy General Electric Co.’s $74 billion U.S. commercial lending and leasing operation, according to reports. Wells Fargo, which reported $415 billion of commercial loan holdings last quarter, could beef up its commercial loan holdings with the purchase of all or part of GE’s U.S. commercial lending and leasing […]