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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.
AerCap acquired the company from GE Capital on November 1, 2021. [1] GECAS was the largest commercial airline leasing/financing company in the world by number of aircraft. [2] The company offered many aviation finance services, including aircraft leasing, aircraft lending, engine leasing, asset management, and aircraft consulting.
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 ...
The light at GE Capital Services (GECS) was burning a little brighter on Friday after its parent General Electric's (GE) earnings announcement. Analysts gave it the proverbial thumbs up after GE ...
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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 ...
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Genpact was founded in 1997 as a unit of General Electric. [6] The company was founded as GE Capital International Services (GECIS) in Gurgaon.Starting with 20 employees under the leadership of CEO Pramod Bhasin, its charter was to provide business process outsourcing solutions to GE's businesses.