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In 2006 GE Money New Zealand purchased Pacific Retail Finance (PRF), New Zealand's largest personal consumer finance company, and the mortgage assets of Superbank, a supermarket-based banking system. On 24 October 2008, GE Money announced that it was pulling out of the New Zealand vehicle finance market, with the loss of 80 staff. [ 48 ]
First Financial Bank (Nasdaq: FFBC), a regional bank headquartered in Cincinnati; has client servicing operations in the Tri-County, northern Cincinnati metropolitan area; founded in 1863, it has the eighth oldest national bank charter and has locations in Southwest Ohio, Northern Kentucky, and throughout Indiana; acquired Irwin Financial Corp ...
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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The 92-acre (370,000 m 2) campus is home to GE's Lighting & Electrical Institute, which was founded in 1933. Each December, Nela Park features a world-famous Christmas lighting display, which culminates in a miniature version of the National Christmas Tree in Washington, D.C. , designed by GE Lighting.
GE Money buys Superbank's $500 million lending portfolio [18] 2007 GE Consumer & Industrial acquires Microwave Data Systems for US$600 million 2007 GE-Aviation acquires Smiths Aerospace for £2.4 billion 2007 GE Oil & Gas acquires Vetco Gray for US$1.9 billion. [19] [20] 2007 GE Plastics is sold to SABIC for US$11.6 billion. [21] 2008