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  2. GE Capital - Wikipedia

    en.wikipedia.org/wiki/GE_Capital

    GE Capital was the financial services division of General Electric. [1] Its various units were sold between 2013 and 2021, including the notable spin-off of the North American consumer finance division as Synchrony Financial.

  3. Genworth Financial - Wikipedia

    en.wikipedia.org/wiki/Genworth_Financial

    GE sold its remaining stake in the company in February 2006 for $2.8 billion. [11] [12] [13] In June 2006, the company agreed to buy AssetMark Investment Services for $230 million. [14] In 2007, another GE Capital insurance company, First Colony Life Insurance Company, merged with the company's life insurance division and became the surviving ...

  4. Jack Welch - Wikipedia

    en.wikipedia.org/wiki/Jack_Welch

    The New York Times published a critical article in 2017, noting GE's stock price as overvalued under Welch because of the growth of the financial services sector, as well as describing the amalgamated corporation's decline in 16 years under Immelt, who likewise was one of the country's highest-paid managers and eventually sold off two of Welch ...

  5. General Electric's GE Capital Sells Portfolio to TIAA Bank

    www.aol.com/news/general-electrics-ge-capital...

    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.

  6. The State of GE Capital in 2 Revealing Charts - AOL

    www.aol.com/news/2014-01-20-the-state-of-ge...

    Back in 2007, when analysts talked about gushing profits at the conglomerate General Electric , they were talking -- primarily -- about its ballooning banking business. Fast-forward to today, and ...

  7. GE aviation and energy businesses start trading on NYSE ... - AOL

    www.aol.com/news/ge-aviation-energy-businesses...

    Nicknamed “the house that Jack built,” GE routinely outperformed peers and the broader market, helped in part by GE Capital, its financial wing. Through the 1990s, it returned 1,120.6% on ...

  8. GE Commercial Finance - Wikipedia

    en.wikipedia.org/wiki/GE_Commercial_Finance

    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.

  9. Can Investors Learn to Love GE Capital?

    www.aol.com/2012/10/12/can-investors-learn-to...

    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 ...