Search results
Results from the WOW.Com Content Network
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.
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.
The transaction simplifies GE and focuses it on its industrial core—Power, Renewable Energy, Aviation, and Healthcare—while significantly reducing GE Capital assets and generating proceeds to further de-risk and de-lever. For the first quarter of 2021, in connection with signing the transaction agreement, GE will record an approximate $3 ...
General Electric's (GE) GE Capital announced Tuesday that it had acquired the retail finance portfolios from Citigroup's (C) Retail Partner Cards to add $1.6 billion in managed assets. Financial ...
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 ...
For approximately 80 million consumers, GE Capital offers credit cards and retail sales finance programs. GE Capital is an extension of GE's rich heritage of building and supporting growth ...
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 ...
GE Capital is Administrative Agent on a $550 Million Credit Facility for Lord & Taylor NORWALK, Conn.--(BUSINESS WIRE)-- GE Capital, Corporate Retail Finance today announced it is administrative ...