General Electric is in advanced talks to sell a US$30 billion loan portfolio to Wells Fargo, Reuters reports. GE has set a target of selling US$200 billion of finance assets, as it returns to its industry roots. Assets involved in the current deal include vendor finance, commercial distribution finance and direct lending assets. The former chief executive of Anglo Irish Bank, David Drumm, was arrested in the United Sates on Saturday on an extradition warrant, Yahoo7 reports. The Irish Government had sought Drumm's extradition to face charges relating to the failure of Anglo Irish, which was nationalised at a cost of €30 billion during the financial crisis. In July, three former executives of the bank were sent to prison for their part in the bank's failure.