SAFT ON WEALTH-GE points way for 'too big to fail' peers

April 15, 2015 8:41 PM

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April 15 (Reuters) - If shedding its financing arm did wonders for General Electric's stock price, maybe too-big-to-fail bank peers like Citibank and JP Morgan should consider similar moves.

Not that banks will become industrials, but rather the biggest banks might get a better valuation on their earnings by becoming smaller, simpler, easier to manage and less strictly regulated.

Also read: EU: on track to meet 2020 targets on renewables, emissions

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