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GE Commercial Finance was a unit of GE Capital, [1] (one of five major operating divisions of General Electric).Headquartered in Norwalk, Connecticut, United States, it plays a role in over 35 countries and had assets of over US$335 billion at year end 2007.
GE Capital Sponsor Finance was sold to Canada Pension Plan Investment Board and Sumitomo Mitsui Banking Corporation [7] [8] GE Capital Real Estate was sold to The Blackstone Group and Wells Fargo. [9] The majority of GE Commercial Lending & Leasing was sold to Wells Fargo. [10] Operations in Germany and France were sold to Crédit Mutuel. [11]
Through GE Commercial Finance, GE Consumer Finance, GE Equipment Services, and GE Insurance, it offers a range of financial services. It has a presence in over 100 countries. [170] GE gauges to control a railway locomotive at a museum near Saskatoon, Canada [204] General Imaging manufacturers GE digital cameras. [205]
GE Capital to Finance Commercial Purchases of Global Electric Motorcars (GEM®) Expands 25+ year relationship with GEM parent Polaris IRVING, Texas--(BUSINESS WIRE)-- GE Capital's Equipment ...
General Electric (GE) proceeds with its intended shrinking of GE Capital business. It sells $1.5 billion worth of medical equipment financing portfolio to TIAA Bank.
GE Names Keith Sherin Chairman and CEO of GE Capital; Jeff Bornstein to succeed Sherin as CFO of GE FAIRFIELD, Conn.--(BUSINESS WIRE)-- GE (NYS: GE) Chairman and CEO Jeff Immelt announced today ...
The Electric Bond and Share Co., the forerunner of GE Commercial Finance is formed, with the goal of providing financing to small utility companies [5] 1911 National Electric Lamp Association (NELA) is absorbed into General Electric's existing lighting business and GE establishes its lighting division headquarters at Nela Park , the world's ...
The news that General Electric's (NYS: GE) financial section, GE Capital, is currently under consideration by the federal government for categorization as a systemic risk to the economy must have ...