As you might recall, Financial Times newspaper predicted yesterday that Jaguar Land Rover was about to announce that it had secured 170 million pounds ($285.5 million) in working capital from GE ...
In the 2000s, GE’s expansion was spurred by GE Capital’s success, the company’s financial arm, along with the company’s diversification strategy. However, GE Capital suffered losses and got bailed out ...
You know that term “Too Big to Fail”? The ultimate symbol of this last recession when taxpayers had to bail out huge companies for the sake of the broader economy? Yeah, nobody wants that to happen ...
NEW YORK — GE Capital, the finance arm of conglomerate General Electric Co., moved to gain more small and medium-size business customers Monday by offering $5.3 billion for Heller Financial Inc., one ...
GE Capital Retail bank must refund hundreds of millions of dollars to customers harmed by what federal authorities said were the financial firm's "illegal and discriminatory" credit card practices.
STAMFORD, Conn.--(BUSINESS WIRE)--Patience and the pursuit of information pay off, according to GE Capital Retail Bank’s second annual Major Purchase Shopper Study. Empowered by technology, consumers ...
Ares Capital expects new market opportunities to arise due to the exit of GE Capital from its lending venture, but also sees uncertainty in the near future over the fate of the program. GE announced ...
FAIRFIELD, Conn.--(BUSINESS WIRE)--General Electric Company (NYSE:GE) today commenced the previously announced realignment and reorganization (the “Reorganization”) of the businesses of General ...