General Electric Co. is running ahead of schedule on the plan to shed the bulk of its lending unit, with about $100 billion of assets to be unloaded this year.

Chief Executive Officer Jeffrey Immelt said he expects to reach deals this quarter to sell as much as $30 billion of financial businesses as the company shrinks GE Capital. The goal of divesting about $200 billion of assets will be largely met next year, beating a previous target of 2017, he said.

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