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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.
Synchrony Financial is an American consumer financial services company with its headquarters in Stamford, Connecticut, United States. [2] The company offers consumer financing products, including credit, promotional financing and loyalty programs, installment lending to industries, and FDIC-insured consumer savings products, through Synchrony Bank, its wholly owned online bank subsidiary.
GE Capital sold its Australian and New Zealand business in 2015 to a consortium led by Deutsche Bank, KKR and Värde Partners. [4] The business was renamed Latitude Financial Services. [1] On 20 April 2021, Latitude completed an initial public offering at $2.60 per share and became listed on the Australian Stock Exchange. [5] On 24 February ...
GE Capital Retail Bank and Penske Automotive Group Launch Consumer Financing Program CarCareONE SM Credit Card to be Accepted at Locations Nationwide STAMFORD, Conn. & BLOOMFIELD HILLS, Mich ...
GE Capital Retail Bank and The Thomas Kinkade Company Introduce a Private Label Credit Card Program Financing Available for Painter of Light™ Artwork and Licensed Products Purchases STAMFORD ...
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 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 ...
GE ITS was acquired by Platinum Equity in late 2004 and has now been absorbed into the I.T. solutions company called CompuCom. This acquisition has resulted in a much larger customer base, so many of the personalized services previously provided by GE ITS have been lost or replaced by CompuCom's "one size fits all" business model.