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Cultura

GE in talks to sell $74 billion portfolio to Wells Fargo


    (Reuters) - General Electric Co is in early-stage talks with Wells Fargo about selling the bank its entire $74 billion U.S. commercial lending and leasing portfolio, according to a source familiar with the situation.

    The source asked not to be identified because the talks are confidential. GE and Wells Fargo declined to comment.

    (Reporting by Mike Stone in New York; Editing by Jeffrey Benkoe)