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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]
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 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 ...
Fast-forward to today, and GE Capital's balloon is slowly, but. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us ...
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 ...