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GE Money Bank (formerly GE Capital Bank) was a significant institution in the Czech Republic. It was founded in 1997, after the acquisition of Agrobanka bank as GE Capital Bank. In the year 2000, it changed the name to GE Money Bank. It went through an IPO in 2016 and operates under the new name of Moneta Money Bank.
It went into bankruptcy in 2007. ... In 2004, GE Money (formerly GE Consumer Finance), owned by General Electric, bought WMC Mortgage for about $500 million.
Cembra Money Bank AG is a Swiss credit institution headquartered in Zurich-Altstetten. [2] Cembra operated under the name GE Money Bank until its IPO in early November 2013 and was part of the General Electric Group. Since November 2013, the credit institution has been listed on the Swiss stock exchange.
Long after the Federal Reserve published its initial report in April, detailing failures of senior management and SVB’s board of directors, a small committee that is representing shareholders of ...
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In May 2015, GE appointed the Deutsche Bank to sell the Interbanca, then had a net assets of over €1,000,000,000. [3] In 2016 Banca IFIS acquired Interbanca for €160 million, with an obligation to repay the inter-company debt, totalling €2.1 billion, to GE. [4] Interbanca was merged with the parent company Banca IFIS on 23 October 2017 ...
General Electric Co's Chief Executive Larry Culp on Tuesday warned companies are likely to face a "choppier" operating environment next year, but expressed confidence that his company would be ...
GE Money, a branch of General Electric, as one of the possible buyers was mentioned by Romanov. [ 2 ] In common with other banks Ūkio Bankas suffered from the effects of credit crunch and on 26 August 2008, rating agency Standard & Poor downgraded the banks status from stable to negative.