GE is moving the headquarters of its core consumer finance division from Connecticut to London.
The reason underlines the increasingly global nature of GE, according to the Financial Times.
The main reason, in my view, is that Wall Street and the US are losing the competitive battle even in the financial sector.
And then you wonder why the dollar is weak.
More on https://www.peterdag.com/.
George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977
No comments:
Post a Comment