GE, Harley Should Keep Finance Units, Frank Says (Update2) (Bloomberg)

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July 29 (Bloomberg) — General Electric Co. , Harley- Davidson Inc. and manufacturers with finance businesses should be allowed to keep the units under a revision of rules to govern banking, U.S. Representative Barney Frank said in an interview.


GE Rises After Frank Says It Should Keep Finance Unit (Update1) (Bloomberg)

July 30 (Bloomberg) — General Electric Co. rose in New York trading after U.S. Representative Barney Frank said manufacturers that already own finance businesses should be allowed to keep the units under revised banking rules.

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