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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.
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 $230 million. [14] In 2007, another GE Capital insurance company, First Colony Life Insurance Company, merged with the company's life insurance division and became the surviving ...
GE Commercial Finance was a unit of GE Capital, [1] (one of five major operating divisions of General Electric). Headquartered in Norwalk , Connecticut , United States, it plays a role in over 35 countries and had assets of over US$ 335 billion at year end 2007.
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 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 ...
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The transaction simplifies GE and focuses it on its industrial core—Power, Renewable Energy, Aviation, and Healthcare—while significantly reducing GE Capital assets and generating proceeds to further de-risk and de-lever. For the first quarter of 2021, in connection with signing the transaction agreement, GE will record an approximate $3 ...
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 ...