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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.
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 ...
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In 2004, GE Money (formerly GE Consumer Finance), owned by General Electric, bought WMC Mortgage for about $500 million. [ 1 ] [ 2 ] WMC Mortgage catered to consumers with less than perfect borrower profiles.
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