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GE Capital Bank was a member of the Federal Deposit Insurance Corporation (FDIC). GE Capital Bank was sold to Goldman Sachs in 2016. [68] GE Capital owned WMC Mortgage from 2004 to 2007. [69] The company briefly owned Kidder, Peabody & Company from 1986 until its sale to PaineWebber in 1994. [70] [71] [72]
Wells Fargo Rail is the new name for the historic First Union Rail Corporation, along with the combined business of the former GE Capital Rail Services, which Wells Fargo purchased from GE in September 2015. [1] The new company/name took effect January 1, 2016, and is based in Rosemont, Illinois, USA. Wells Fargo Rail is the largest railcar and ...
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.
Once regarded as a "bank with an industrial arm," General Electric's management team has made a concerted effort to invert that image in recent years. GE wants to relegate its finance unit, GE ...
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 ...
GE believed that Kidder would be a good fit for its financial services division, GE Capital. GE executives had felt chagrin at putting up money to finance leveraged buyouts, only to have to pay large fees to other investment banks. GE believed that it made sense to find a way to keep these fees for itself after taking such expensive risks.
GE Capital Retail Bank Closes MetLife Bank Deposit Transaction Transaction adds approximately $6.4 billion in deposits and complements GE Capital's successful Retail Finance business and funding ...
GE Artesia Bank; GE Capital Aviation Services; GE Capital Rail Services; GE Energy Financial Services This page was last edited on 6 October 2006, at 07:26 (UTC). ...
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