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GE Capital

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1262:, valued at $ 26.5 billion. GE Chairman and CEO, Jeff Immelt, announced the plan in a letter to shareholders. It is "a big change for GE," but he said it is "right for the company." Under the plan, Immelt said that GE expects more than 90% of its earnings will be generated by its industrial businesses by 2018, up from 58% in 2014. GE Capital, meanwhile, will make up 10% of the company's revenues by 2018, down from 46% in 2001. Shareholders applauded the announcement, pushing shares in G.E. up nearly 11 percent, to $ 28.51, levels unseen since the financial crisis. However, the downsizing is no small matter for a company whose empire encompasses 175 countries and employs about 305,000 people. 1092:
such as private label credit card programs, installment lending, bankcards, and financial services for consumers. The company also provided retail consumer financing solutions, such as private label credit cards, dual card, flex loans, and all-tender loyalty and gift cards; It offered its products and services through dealers, retailers, associations, contractors, manufacturers, healthcare practices, and service providers. The company was formerly known as GE Money Bank and changed its name to GE Capital Retail Bank in October 2011. GE Capital Retail Bank operated as a subsidiary of General Electric Capital Corporation.
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commercial finance bank, and uses deposit Accounts to fund commercial loans and leases. The company served various industries, such as automotive, consumer electronics, flooring, healthcare, home furnishings and improvement, HVAC, elective health care, jewelry, landscaping and irrigation, luxury goods, marine, music, outdoor power equipment, pool and spa, power sports, recreation vehicle, sewing, sporting goods, travel, vacuum, and water treatment industries. GE Capital Bank was a member of the Federal Deposit Insurance Corporation (FDIC). GE Capital Bank was sold to
3654: 4390: 4400: 38: 1065:, and offered these through intermediaries. On 25 September 2008, it was announced that the UK Financial Services Authority had fined GE Money Home Lending £1.1 million for failings in its systems, which caused it to overcharge borrowers. It was announced on 29 March 2008 that the GE Capital Bank store cards business and managed credit card business had been acquired by the 1214:. The lawsuit claimed that GE Capital was required by law to file the agreements with bankruptcy courts and did not do so. As part of the settlement, the company agreed to refund, with interest, all credit card payments made after debtors entered into the reaffirmation agreements between January 1, 1993, and June 30, 1997. GE Capital Corp. also promised to advise 475:, Australia's largest department store. In 2006 and 2007 Myer signed contracts with GE to issue and govern both the new Myer Card and the Myer Visa Card. GE was also the issuer of the old red ColesMyer card which is no longer an acceptable method of payment of Myer stores, this is following the decision of Myer being disenfranchised from the Coles Myer Group. 521:
branches throughout the country, the business provides a variety of innovative financial services including auto lending, private lending, sales finance and third party personal lending. The primary focus is on consumers, customers and business partners, such as car dealers, retailers and loan brokers.
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GE Money Canada provided private label credit card and MasterCard card programs to consumers and lending options for retailers in key industries across the country. GE Money-Canada also was a provider of alternative residential mortgages and patient financing through its CareCredit unit. It was part
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On 24 October 2008, GE Money announced that it would cease offering motor finance in Australia and New Zealand. This move proved damaging to GE aligned dealerships who have been given 60 days to find an alternate financier to provide floorplan finance. GE Money also announced that it will be pulling
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On April 10, 2015, it was announced that GE would sell most of GE Capital's commercial and consumer businesses within two years, focusing instead on its leasing businesses connected with GE's manufacturing businesses. The company reached an agreement to sell the majority of its property business to
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GE had more than 118 branches in India as of July 2006. Most of these are in the southern states. There were branches in Coimbatore, Erode, Salem Saradha, Trichy, Madurai, Tanjore, Palaghat, Hyderabad, Trivandrum, Rajamundhry, Kakinada, Vizag, Vijaywada, Hubli, Dharwad and Belgaun. GE was the first
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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
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Before June 2, 2014, GE Capital Bank was made up of retail and commercial banks. The company was founded in 1988 and is based in Draper, Utah. GE Capital Retail Bank provided retail banking and credit services to consumers in the United States and internationally. It offered retail sales finance,
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As of June 2, 2014, GE Capital Retail Bank is now known as Synchrony Bank. GE Capital was then composed only of the original commercial/industrial bank in the United States. GE Capital provided credit services solely to businesses and merchants in the United States, and acts as a multi-product
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GE Money, in an effort to expand its presence in Southeast Asia, acquired a majority stake in the now-defunct Keppel Bank Philippines which acquired what was formerly the Banco Monte De Piedad, the Philippines' first savings bank, established under Spanish era. The acquisition was finalized on
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Austria's GE Money (formerly GE Capital Bank) was founded in 1994 after the successful acquisition and merger of Mercurbank and AVABANK. Today, it is one of Austria's leading consumer and auto finance businesses and a market leader in retail sales financing. Based in Vienna, with a network of
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by agreeing to pay $ 225 million to Spanish speaking consumers that were harmed by discriminatory practices and deceptive marketing. The bank was also required to pay an additional $ 3.5 million in civil penalties to the CFPB's Civil Penalty Fund for deceptive credit card marketing.
824:-based finance company to create the AGC Creditline Card (now GEM Visa Card), which provides financing for retailers. In 2006 GE Money New Zealand purchased Pacific Retail Finance (PRF), New Zealand's largest personal consumer finance company, and the mortgage assets of 1205:
lawsuit resulted in $ 100 million settlement with over 100,000 class members from 50 states. Plaintiffs claimed that the company solicited agreements from bankrupt debtors to repay their credit card debts but failed to notify bankruptcy court of the agreement. Those
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GE Money Bank Norge was a division of the Stockholm-based Swedish subsidiary GE Capital AB. It was a leading provider of consumer finance products in Norway with more than 300,000 clients and total lending of NOK 5 billion, second only to the major domestic bank
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GE Money Bank Denmark (previously GE Capital Bank Denmark) offered credit cards, loans and other financial solutions. Brand names included Acceptcard, Morecard and E-lån. In 2014, GE Capital sold its Scandinavian operations to
618:(General Electric Company) as owner provided solid background for the bank. Budapest Bank offered a full range of financial and banking services for consumers and small and medium-sized businesses. Budapest Bank was sold to 964:, revealed it was considering selling the firm. In November 2016, GE completed the spin-off and merger of Bank BPH's Core Bank to Alior Bank. GE Capital retained the Bank BPH legal entity, including its mortgage business. 901:
approved the purchase on December 8, 2005. The bank was renamed GE Money Bank Philippines. GE Money Bank Philippines had 31 branches all over the Philippine archipelago. GE Money Bank Philippines was acquired by
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is part of the Japanese operation of GE Consumer Finance. From April 2005, it began to provide GE Money brand in Japan. In 2008, GE was crowned In-House of the Year - Japan In-House Lawyer of the Year by the
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Moneta Money Bank. It is a full-service bank with an extensive network of branches and ATMs. Its services focus both on retail clients and small and medium-sized enterprises. Its headquarters are located in
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to operate the Coles Group Source MasterCard. GE Consumer Finance governs the GE Creditline, GO MasterCard, gem Visa and Buyer's Edge cards which all offer interest-free terms at participating retailers.
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The capital group also had its hand in broadcasting throughout the early 1990s to own radio and television stations. The company first purchased Pegasus Broadcasting, who owns three television stations
948:), employing about 10,000 people. On 31 December 2009, Bank BPH merged with GE Money Bank Polska. After the merging of the two brands, GE's Capital's Polish headquarters are located in three cities: 2622: 3455: 885:
in June 2001, the market increased to more than 100,000 US style credit cards. Before these cards, Norwegian banks only offered annual fee cards or cards with no interest free grace period.
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In 2014, GE Capital had 35,000+ employees worldwide, operating in more than 40 countries, with total assets of US$ 499 billion. It was rated AA+ with stable outlook by S&P in 2012.
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GE Money Bank France is born from the acquisition by GE of Crédit de l'Est and SOVAC in 1995. It provides real-estate mortgages and auto loans. GE Capital sold GE Money Bank France to
3031: 2352: 3097:"It's Official: GE Selling Kidder to PaineWebber : Securities: The deal for $ 670 million in stock would free the conglomerate from what has been a financial quagmire" 1445: 4449: 4439: 460:, and as a result, AGC Automotive Finance became GE Automotive Finance (GE Auto), and former retail finance competitor, AGC Creditline, became known as GE CreditLine. 4429: 1421: 2297: 2876: 2090: 1323: 746:(merged from the former BTB bank and GE Money financial company), offering loan and deposit products to both private and legal entities. It was acquired by 1369: 2929: 2630: 1851: 1625: 2322: 1225:
In June 2014, Synchrony Bank, formerly GE Capital Retail Bank, agreed to settle claims of illegal credit card practices that were filed by the federal
441:, the GE Money brand encompassed the GE Consumer Finance and GE Capital Finance businesses. The company provided car, boat, personal and consolidation 1752: 2271: 1728: 4444: 2980: 2740: 2135: 1800: 1662: 3276: 3245: 3214: 3183: 3152: 3121: 2404: 2062: 1826: 4459: 3395: 1474: 636: 3482: 1157:
The capital quit broadcasting in stages, starting with the sale of radio stations in Austin to Mercury Broadcasting in 1991, then the sale of
3338: 3307: 229: 1568: 1535: 1502: 4454: 2214: 812:. It provided capital finance, long-term finance, leasing and finance for specific international trade transactions. It closed in 2015. 3609: 1695: 208:. Its various units were sold between 2013 and 2021, including the notable spin-off of the North American consumer finance division as 1210:
legally required the debtors to continue paying off their debt in exchange for keeping the credit card, even though bankruptcy erases
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On 15 December 2008, GE Money announced it would no longer be offering home loans through Wizard Home Loans and was seeking a buyer.
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with zero annual/monthly fee and including a grace period, after Bankia Bank ASA. In the eighteen months following the launch of GE
4263: 3929: 3529: 3415: 1250:(IPO). On July 31, 2014, Synchrony Financial raised $ 2.9 billion in its IPO when GE sold 125 million shares (15%) of the company. 985:, a bank detained by GE Capital in a joint venture with Garanti Bank International from Turkey. GE Garanti is located in Bucharest. 1644: 2587: 2378: 4424: 4049: 1776: 1242:
On March 13, 2014, GE Capital announced that it would spin its North American consumer finance division off under the new name
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In April 1997, a lawsuit against General Electric Capital Corp was filed on behalf of the company's customers who filed for
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The majority of GE Commercial Lending & Leasing was sold to Wells Fargo. Operations in Germany and France were sold to
262: 3680: 2160: 595:. Its major focus was in mortgages (homes and automobile) and personal loans. GE Capital sold its Hong Kong operations to 524:
The Austrian division was purchased, along with the German, Finnish and British store card operations of GE Money, by the
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In the United Kingdom, GE Money provided mortgages and secured loans through the former First National, acquired from
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GE Money Bank was the largest provider of small consumer credits in Switzerland. In 2006, the company partnered with
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GE Energy Financial Services provides commercial lending and leasing, as well as a range of financial services for
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out of the mortgage industry and no longer providing mortgages other than those sold under the Wizard Brand.
17: 663:, in exchange for GE Capital businesses in Germany, Finland, Austria, and the UK. In May 2015, GE appointed 4356: 4319: 4248: 3742: 2239: 2185: 1370:"GE Capital closes the sale of its GE Money Bank AB (Nordics) to Santander Consumer Finance S.A. | GE News" 1299: 1115: 596: 397: 297: 213: 109: 3807: 3715: 3096: 2687: 2009: 898: 580: 509: 3909: 3685: 3396:"Mortgage Industry: Who Really Holds the Paper and How Much Is Really Due? Proof and Accounting Issues" 619: 2969: 2858: 2564: 4393: 4238: 3964: 3914: 3675: 3595: 3005: 805: 366: 4330: 4324: 3752: 2713: 2506: 1971: 1177:
to Wing Fat, through a group Channel 58 Inc. in 1994, and five years later, sold its final station
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GE Capital's Mexican equipment lending and leasing operations were sold to Linzor Capital Partners.
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acquired Interbanca for €160 million, with an obligation to repay the inter-company debt to GE.
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GE Consumer Finance controlled most credit cards and loans and has a strategic partnership with
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GE Capital's Japanese capital finance, fleet service and vendor finance businesses were sold to
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GE Capital Corporate Finance ― Aircraft was sold to Global Jet Capital, a portfolio company of
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announced it would acquire GE Capital's private equity lending portfolio for $ 12 billion.
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In 2015, GE Capital sold its Australian and New Zealand business to a consortium led by
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In 2015, GE Capital sold its Australian and New Zealand business to a consortium led by
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On July 8, 2013, the Financial Stability Oversight Council designated GE Capital as a "
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vehicle finance market, with the loss of 80 staff. It attributed this decision to the
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Cerone, Rudy J.; Greendyke, William R.; Redmiles, Mark A.; Rhodes, Steven W. (2008),
3072: 3039: 2800: 2382: 2247: 2036: 2032:"Commonwealth Bank to acquire up to $ 4 billion of Wizard originated prime mortgages" 1859: 1703: 1670: 1576: 1543: 1510: 1422:"For GE Capital's Coveted Antares Unit, New Owner Means Expansion Beyond Senior Debt" 1069:. In 2015, GE sold its mortgage loans in sales to Kensington Mortgage (controlled by 1046: 761: 494: 479: 301: 247: 4044: 2623:"GE withdraws from the Romanian financial services market, sells to partner Garanti" 854: 683:
GE Money Ireland was part of the European operations of GE Consumer Finance. In the
4295: 4191: 4171: 4114: 3618: 1211: 961: 747: 727: 724: 391: 335: 287: 251: 205: 173: 2457: 2323:"General Electric hires Deutsche Bank to sell Italian lender Interbanca - sources" 283: 4336: 4181: 4074: 3958: 3894: 3859: 3849: 3812: 3006:"GE's WMC Mortgage unit, felled by financial crisis, files Chapter 11 bankruptcy" 2140: 1198: 1066: 797: 660: 568: 525: 1045:, allowing them to offer credit cards contracts through Migros. The Bank is now 4346: 4166: 2910: 1955: 1219: 1215: 1062: 168: 4418: 4124: 4109: 3879: 3832: 3787: 3777: 3710: 3638: 3076: 3043: 2804: 2608: 2251: 1863: 1707: 1674: 1580: 1547: 1514: 1479: 1104: 941: 846: 836: 692: 664: 632: 501: 353: 321: 4201: 4176: 4119: 4010: 3946: 3797: 3720: 3705: 3632: 3420: 1972:"RiverStone Acquires Electric Insurance; Plymouth Rock Gets Renewal Rights" 1663:"General Electric Sells GE Capital Bank's Online Platform to Goldman Sachs" 1202: 1119: 1111: 990: 878: 786: 631:
BPO's in Hyderabad. GE Capital sold its Indian housing finance business to
315: 254:, announced that GE would sell most of GE Capital over the next two years. 1801:"GE to Sell Mexican Equipment Lending Platform to Linzor Capital Partners" 1753:"BMO to Buy GE Capital's Transportation Finance Unit - Bloomberg Business" 1696:"GE to Sell Health-Care Lending Operations to Capital One for $ 9 Billion" 4258: 4186: 4140: 3919: 3864: 3839: 3827: 3802: 3695: 2541: 2536: 1255: 1074: 903: 832: 821: 809: 464: 370: 328: 311: 276: 3653: 2605:"GE Completes Spin off and Demerger of Bank BPH Core Bank to Alior Bank" 2482: 1601:"CORRECTED-Mubadala GE Capital says to sell most assets to MidCap Finco" 610:, was established in 1987 as one of the first commercial banks when the 407:
Electric Insurance Company was sold to RiverStone International in 2024.
4206: 4150: 4145: 3762: 3643: 2565:"BDO acquires GE Money Bank | Business, News, The Philippine Star" 1194: 1010: 882: 672: 656: 489:
In December 2008, GE Money announced it was in advanced talks with the
394:. Its hotel franchise operations were sold to Western Alliance Bancorp. 217: 48: 3556:"Canada's CPPIB to buy GE private equity lending arm for $ 12 billion" 2949: 2767:"GE sells $ 3.7 billion UK home loan portfolio to Kensington Mortgage" 1951:"AerCap Completes Acquisition of GE Capital Aviation Services from GE" 831:
On 24 October 2008, GE Money announced that it was pulling out of the
4243: 3767: 2934: 1884:"GE Capital to sell bulk of U.S. restaurant franchise loan portfolio" 1182: 1147: 1033:. In 2014, GE Capital sold its Scandinavian operations to Santander. 1026: 945: 825: 712: 696: 592: 446: 438: 957: 953: 919: 4196: 4079: 3976: 3904: 3874: 3817: 3587: 1475:"Blackstone and Wells Fargo to Buy GE Capital's Real Estate Assets" 924: 888:
In 2014, GE Capital sold its Scandinavian operations to Santander.
720: 640: 293: 156: 1503:"GE to Sell Commercial Lending, Leasing Businesses to Wells Fargo" 238:
GE Capital's subsidiaries also operated under the GE Money brand.
4313: 3998: 3884: 3854: 3732: 2591: 1991: 1569:"General Electric to Sell Australian Commercial Lending Business" 1536:"GE Capital Enters Talks to Unload European Financing Businesses" 1354: 1178: 1166: 1143: 1131: 1096: 867: 820:
In 2002, GE Finance purchased Australian Guarantee Corporation's
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GE Capital's American restaurant finance operations were sold to
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de la Merced, Michael J.; Sorkin, Andrew Ross (April 10, 2015).
2193: 1729:"GE Capital Said to Agree to Sell Private-Equity Unit to Ardian" 4022: 3982: 1852:"General Electric to Sell Commercial Lending Business in Japan" 1042: 1006: 949: 874: 743: 708: 687:, GE Money provided specialised financing and services such as 551: 493:
to sell the Wizard brand. Ultimately, Wizard was bought by the
421: 401: 232:", which makes it subject to oversight by the Federal Reserve. 4384:** Joint ventures before corporate split-up from 2023 to 2024 1910:"GE to sell $ 1.4 billion U.S. hotel franchise loan portfolio" 4054: 3869: 3393: 2981:"Goldman to Buy GE Online Bank With $ 16 Billion of Deposits" 2688:"GE Money Bank sale to value company at up to $ 1.67 billion" 2272:"Hungary to Buy GE's Budapest Bank as Cabinet Boosts Control" 1285: 716: 700: 442: 37: 3475:"G.E. to Retreat From Finance in Post-Crisis Reorganization" 1827:"GE Sells Vehicle-Fleet Assets to Element for $ 6.9 Billion" 1395:"G.E. to Retreat From Finance in Post-Crisis Reorganization" 1222:
related to class members’ failure to repay reaffirmed debt.
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GE Capital was incorporated as a Restricted License Bank in
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GE Money Bank Latvia was a universal bank owned by GE in
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and individuals across the country. With headquarters in
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andlowy) is a Polish financial institution 89% owned by
1626:"Marmon and Wells Fargo buy GE Capital rail businesses" 615: 471:
GE Finance also had strategic financial relations with
300:, was sold to MidCap Financial, a portfolio company of 2930:"GE Capital arm to pay record credit card settlement" 2825:"GE Money stops lending following mortgage book sale" 2186:"Crédit en ligne - GE Money Bank - Demande de credit" 2091:"GE Capital Finance to be renamed Latitude Financial" 3530:"GE dismantles GE Capital; plans $ 90B to investors" 3456:"General Electric spins off credit card unit in IPO" 2215:"GE Capital to sell French lending unit to Cerberus" 3472: 2507:"GE to sell Japan lender to Shinsei for $ 5.4 bln" 1661:Linebaugh, Peter Rudegeair And Kate (2015-08-14). 1095:GE Capital Retail Bank acquired MetLife Bank from 897:December 20, 2005 after the Monetary Board of the 424:, and support for GE's industrial business units. 4450:Companies in the Central European Blue Chip Index 4440:Financial services companies of the United States 3032:"GE to Acquire Control Of Broker Kidder, Peabody" 2923: 2921: 2161:"Santander to Buy G.E.'s Nordic Banking Business" 1907: 1393:Sorkin, Andrew; Merced, Michael (10 April 2015). 635:; in 2012, it sold the remains loan portfolio to 4430:Financial services companies established in 1932 4416: 4381:* Following corporate split-up from 2023 to 2024 3503:Crooks, Ed; Blackden, Richard (April 10, 2015). 2906:"G.E. Consumer Finance Unit Reaches Settlements" 2899: 2897: 2652:"Russia's Sovcombank to buy local GE Money Bank" 667:to sell the bank, then had a net assets of over 773: 3502: 3416:"$ 100 million settlement approved in GE suit" 2918: 1693: 512:with Sean Morrissey appointed as its new CEO. 341:GE Capital Transportation Finance was sold to 310:was sold to First Union Rail, a subsidiary of 3603: 2894: 2057: 2055: 1197:. The GE Capital Corp. was accused of unfair 1114:from 2004 to 2007. The company briefly owned 508:and Värde Partners. The business was renamed 1694:Sidel, Robin; Linebaugh, Kate (2015-08-11). 1392: 1350:"S&P rates GE Capital Corp. notes 'AA+'" 972:In Romania GE Capital has two subsidiaries: 230:systemically important financial institution 2155: 2153: 2151: 989:GE Capital sold its Romanian operations to 944:(prior to 2008 the largest shareholder was 639:, and exited the credit card joint venture 327:GE Healthcare Finance Services was sold to 3610: 3596: 2052: 1500: 478:In 2004, GE Capital Finance purchased the 36: 3062: 2859:"MetLife to Sell Bank Unit to GE Capital" 2588:GE considers sale of Polish unit Bank BPH 2320: 1660: 979:, a personal finance and leasing company. 2927: 2793:"GE to Sell U.K. Home Lending Portfolio" 2738: 2295: 2148: 2133: 2088: 2063:"GE Finance sold in record-setting deal" 4445:Companies based in Norwalk, Connecticut 3437:"GE files to spin off credit card unit" 2005:"GE Capital sizes up Wizard for $ 400m" 1969: 1566: 1501:Mann, Ted; Glazer, Emily (2015-10-13). 1426:Mergers & Acquisitions, Latest News 286:. Operations in Australia were sold to 261:GE Capital Sponsor Finance was sold to 14: 4417: 4050:General Comprehensive Operating System 2790: 2711: 2562: 2237: 1777:"GE to sell corporate jet finance arm" 1726: 1642: 1533: 828:, a supermarket-based banking system. 775:Jī Ī Konshūmā Fainansu Kabushikigaisha 730:. GE sold its Irish loan portfolio to 4460:2024 disestablishments in Connecticut 4363:United States v. General Electric Co. 3591: 3553: 3065:"G.E. GAINS KIDDER FOR $ 600 MILLION" 2903: 2238:Yung, Chester; Or, Amy (2010-02-26). 1849: 960:. In October 2014, the bank's owner, 785:. The Japanese operation was sold to 411: 241: 220:when General Electric was broken up. 4399: 3617: 3505:"GE returns to its industrial roots" 3029: 1267:Canada Pension Plan Investment Board 1227:Consumer Financial Protection Bureau 1138:in 1990. The company next purchased 614:was created in Hungary. Since 1995, 427: 263:Canada Pension Plan Investment Board 3453: 2739:Fletcher, Richard (28 March 2008). 2134:Fletcher, Richard (29 March 2008). 1989:Westpac Completes Sale of AGC to GE 1419: 800:, a part of GE Capitals subsidiary 271:GE Capital Real Estate was sold to 267:Sumitomo Mitsui Banking Corporation 24: 4455:1932 establishments in Connecticut 4239:GE Building (570 Lexington Avenue) 4234:GE Building (30 Rockefeller Plaza) 2904:Olson, Elizabeth (June 19, 2014). 2741:"Santander to buy GE Capital Bank" 2712:Insley, Jill (25 September 2008). 2136:"Santander to buy GE Capital Bank" 1824: 1165:in 1992, followed by the sales of 384:First Horizon National Corporation 369:was sold to Element Financial and 25: 4471: 3681:Compagnia Generale di Elettricità 3572: 2928:Schneier, Cogan (June 20, 2014). 2714:"FSA fines mortgage lender £1.1m" 2540:. 24 October 2008. Archived from 2321:Barbaglia, Pamela (28 May 2015). 1645:"GE sells wagon leasing business" 1056: 544: 296:GE Capital, a joint venture with 4435:Companies disestablished in 2024 4398: 4389: 4388: 4352:Thomson-Houston Electric Company 3783:GE Home & Business Solutions 3671:Australian Guarantee Corporation 3652: 3434: 3226:. September 30, 1991. p. 44 1908:Reuters Editorial (2016-03-29). 1643:Barrow, Keith (1 October 2015), 1231:United States Justice Department 1080: 554:. Its call center operates from 454:Australian Guarantee Corporation 3691:Electric Bond and Share Company 3547: 3522: 3496: 3466: 3447: 3428: 3408: 3387: 3362: 3331: 3300: 3269: 3238: 3207: 3176: 3145: 3114: 3089: 3063:Sterngold, James (1986-04-25). 3056: 3023: 2998: 2973: 2963: 2942: 2869: 2851: 2842: 2817: 2784: 2759: 2732: 2705: 2680: 2669: 2644: 2615: 2597: 2581: 2556: 2524: 2499: 2480: 2474: 2450: 2421: 2397: 2371: 2345: 2314: 2289: 2264: 2231: 2207: 2178: 2127: 2082: 2024: 1997: 1982: 1963: 1943: 1901: 1876: 1843: 1818: 1793: 1769: 1745: 1720: 1687: 1654: 1636: 1618: 1593: 1567:Thurlow, Rebecca (2015-11-09). 1560: 1534:Minaya, Ezequiel (2015-12-03). 1527: 1494: 1452:. June 30, 2015. Archived from 1188: 918:was primarily headquartered in 659:, a merchant banking firm from 378:Sumitomo Mitsui Financial Group 257:The following areas were sold: 3257:. December 2, 1991. p. 80 2429:"Welcome to AS GE Money Bank!" 2296:Reporter, B. S. (2012-11-09). 1970:Simpson, Andrew (2024-06-03). 1467: 1438: 1413: 1386: 1362: 1342: 1316: 1292: 1278: 1171:Jefferson-Pilot Communications 1036: 891: 815: 804:, offered banking services to 792: 452:In May 2002, GE purchased the 445:, credit cards, mortgages and 334:GE Capital Equity was sold to 13: 1: 4425:General Electric subsidiaries 3401:American Bankruptcy Institute 3319:. August 30, 1993. p. 36 2563:Torres, Ted P. (2009-05-29). 2532:"Credit crunch hits GE Money" 1272: 1237: 1116:Kidder, Peabody & Company 808:as well as corporates in the 655:In 2008, GE Capital acquired 4320:The General Electric Concert 3808:GE Measurement & Control 3743:GE Capital Aviation Services 3716:GE Automation & Controls 3350:. April 25, 1994. p. 39 3288:. March 16, 1992. p. 45 2950:"Retail Banking and Finance" 1146:in 1991, and radio stations 1118:from 1986 until its sale to 922:prior to December 31, 2009. 758:GE Consumer Finance Co., Ltd 586: 432: 398:GE Capital Aviation Services 320:GE Capital Bank was sold to 298:Mubadala Development Company 214:GE Energy Financial Services 110:GE Energy Financial Services 7: 4292:(1964–65, 1967–73, 1975–85) 3164:. June 11, 1990. p. 85 2791:Steele, Anne (2015-11-23). 2240:"GE to Sell Hong Kong Unit" 2010:Australian Financial Review 1324:"GE Capital Business Model" 1154:in Austin later that year. 1049:and went public through an 1021:The Swedish subsidiary was 899:Bangko Sentral ng Pilipinas 774: 581:Cerberus Capital Management 510:Latitude Financial Services 223: 216:, which was transferred to 10: 4476: 3910:United Nuclear Corporation 3554:Rocha, Euan (2015-06-09). 3133:. June 4, 1990. p. 80 3030:Behr, Peter (1986-04-25). 2487:Legalbusinessonline.com.au 2379:"GE Money Ireland profile" 1850:Tsang, Amie (2015-12-15). 1183:LIN Television Corporation 1084: 967: 873:It was the second bank in 806:High-net-worth individuals 678: 602: 561: 515: 4379: 4305: 4282: 4224: 4159: 4133: 4097: 4088: 4035: 3991: 3965:GE Hitachi Nuclear Energy 3939: 3928: 3915:Utah Construction Company 3676:Canadian General Electric 3661: 3650: 3625: 3195:. May 6, 1991. p. 56 1727:kielporter, Kiel Porter. 1016: 996: 909: 860: 783:2008 ALB Japan Law Awards 765: 737: 574: 531: 367:GE Trailer Fleet Services 179: 167: 149: 139: 123: 102: 94: 79: 64: 54: 44: 35: 4331:General Electric Theater 4325:General Electric EdgeLab 3753:GE Capital Rail Services 3376:(in Spanish). 1999-10-20 2877:"Synchrony Bank website" 1218:to correct any negative 1208:reaffirmation agreements 753: 711:, GE Money serviced its 671:1,000,000,000. In 2016, 650: 625: 308:GE Capital Rail Services 83:March 31, 2024 4274:Welch Technology Centre 4264:Specialty Control Plant 3748:GE Capital IT Solutions 3635:(legal successor of GE) 2302:Business Standard India 2089:Business (2015-11-04). 1248:initial public offering 1051:initial public offering 851:Kohlberg Kravis Roberts 647:, leaving SBI in place 612:two-tier banking system 491:National Australia Bank 4370:Diamond v. Chakrabarty 3686:Current, powered by GE 2483:"Asian Legal Business" 2458:"GE Money Latvia sold" 2381:. 2007. Archived from 1163:Spartan Communications 350:AE Industrial Partners 4212:Douglas A. Warner III 4070:Reciprocating engines 3971:GE Honda Aero Engines 3773:GE Equipment Services 3758:GE Commercial Finance 2952:. Synchrony Financial 2544:on September 12, 2012 2190:Credit.gemoneybank.fr 2095:Sydney Morning Herald 2068:Sydney Morning Herald 1029:, the bank traded as 802:GE Commercial Finance 4290:Carousel of Progress 4017:Penske Truck Leasing 4007:(1926–30, 1986–2004) 3701:GE Aerospace (1960s) 3626:Successor companies* 2865:. December 27, 2011. 2676:de:Cembra Money Bank 2333:on December 27, 2015 1003:GE Money Bank Russia 766:GEコンシューマー・ファイナンス株式会社 456:(AGC) business from 400:(GECAS) was sold to 358:GSO Capital Partners 273:The Blackstone Group 129:Norwalk, Connecticut 4254:Research Laboratory 3900:Synchrony Financial 3823:GE Renewable Energy 3726:GE Aviation Systems 3662:Former subsidiaries 3460:The Washington Post 3454:Douglas, Danielle. 3424:. January 23, 1999. 3122:"For the Record..." 2797:Wall Street Journal 2745:The Daily Telegraph 2627:Romania-Insider.com 2611:. November 4, 2016. 2244:Wall Street Journal 1700:Wall Street Journal 1667:Wall Street Journal 1573:Wall Street Journal 1540:Wall Street Journal 1507:Wall Street Journal 1358:. December 5, 2012. 1244:Synchrony Financial 1087:Synchrony Financial 685:Republic of Ireland 645:State Bank of India 539:Synchrony Financial 418:commercial aviation 343:BMO Financial Group 246:On April 10, 2015, 210:Synchrony Financial 115:Synchrony Financial 32: 3890:Genworth Financial 3860:GE Venture Capital 3479:The New York Times 3069:The New York Times 2119:has generic name ( 1935:has generic name ( 1856:The New York Times 1630:railwaygazette.com 1420:Collins, Allison. 1400:The New York Times 1330:on 2 November 2013 1265:In June 2015, the 1023:GE Capital Bank AB 916:GE Money Bank S.A. 877:to offer US style 597:Standard Chartered 412:Current operations 388:Wintrust Financial 242:Restructuring plan 202:financial services 59:Financial services 30: 27:Corporate division 4412: 4411: 4296:Horizons at Epcot 4220: 4219: 4160:Outside directors 4105:Charles A. Coffin 4031: 4030: 3953:CFM International 3845:GE Transportation 3793:GE Infrastructure 3101:Los Angeles Times 2863:Insurance Journal 2607:(Press release). 2594:, 15 October 2014 2037:Commonwealth Bank 1976:Insurance Journal 1825:Clough, Richard. 1212:credit card debts 1110:GE Capital owned 1047:Cembra Money Bank 1009:. It was sold to 732:Pepper Home Loans 715:through regional 541:spinoff in 2014. 528:in January 2009. 495:Commonwealth Bank 480:Wizard Home Loans 428:Former operations 302:Apollo Management 248:Jeffrey R. Immelt 195: 194: 16:(Redirected from 4467: 4402: 4401: 4392: 4391: 4269:Switchgear Plant 4192:Rochelle Lazarus 4172:John L. Flannery 4115:Edwin J. Houston 4095: 4094: 4045:Aircraft engines 3937: 3936: 3813:GE Oil & Gas 3656: 3619:General Electric 3612: 3605: 3598: 3589: 3588: 3584: 3583: 3581:Official website 3567: 3566: 3564: 3563: 3551: 3545: 3544: 3542: 3541: 3526: 3520: 3519: 3517: 3515: 3500: 3494: 3493: 3491: 3490: 3481:. Archived from 3470: 3464: 3463: 3451: 3445: 3444: 3432: 3426: 3425: 3412: 3406: 3405: 3391: 3385: 3384: 3382: 3381: 3366: 3360: 3359: 3357: 3355: 3343: 3339:"Changing Hands" 3335: 3329: 3328: 3326: 3324: 3312: 3308:"Changing Hands" 3304: 3298: 3297: 3295: 3293: 3281: 3277:"For the Record" 3273: 3267: 3266: 3264: 3262: 3250: 3246:"For the Record" 3242: 3236: 3235: 3233: 3231: 3219: 3215:"For the Record" 3211: 3205: 3204: 3202: 3200: 3188: 3184:"For the Record" 3180: 3174: 3173: 3171: 3169: 3157: 3153:"For the Record" 3149: 3143: 3142: 3140: 3138: 3126: 3118: 3112: 3111: 3109: 3108: 3093: 3087: 3086: 3084: 3083: 3060: 3054: 3053: 3051: 3050: 3027: 3021: 3020: 3018: 3017: 3002: 2996: 2995: 2993: 2992: 2977: 2971: 2967: 2961: 2960: 2958: 2957: 2946: 2940: 2939: 2925: 2916: 2915: 2901: 2892: 2891: 2889: 2888: 2879:. Archived from 2873: 2867: 2866: 2855: 2849: 2848:InsideView, Inc. 2846: 2840: 2839: 2837: 2836: 2821: 2815: 2814: 2812: 2811: 2788: 2782: 2781: 2779: 2778: 2763: 2757: 2756: 2754: 2752: 2736: 2730: 2729: 2727: 2725: 2709: 2703: 2702: 2700: 2699: 2684: 2678: 2673: 2667: 2666: 2664: 2663: 2648: 2642: 2641: 2639: 2638: 2629:. Archived from 2619: 2613: 2612: 2601: 2595: 2585: 2579: 2578: 2576: 2575: 2560: 2554: 2553: 2551: 2549: 2528: 2522: 2521: 2519: 2518: 2503: 2497: 2496: 2494: 2493: 2478: 2472: 2471: 2469: 2468: 2462:The Baltic Times 2454: 2448: 2447: 2445: 2444: 2435:. Archived from 2425: 2419: 2418: 2416: 2415: 2401: 2395: 2394: 2392: 2390: 2375: 2369: 2368: 2366: 2364: 2349: 2343: 2342: 2340: 2338: 2329:. Archived from 2318: 2312: 2311: 2309: 2308: 2293: 2287: 2286: 2284: 2283: 2268: 2262: 2261: 2259: 2258: 2235: 2229: 2228: 2226: 2225: 2211: 2205: 2204: 2202: 2201: 2192:. Archived from 2182: 2176: 2175: 2173: 2172: 2157: 2146: 2145: 2131: 2125: 2124: 2118: 2114: 2112: 2104: 2102: 2101: 2086: 2080: 2079: 2077: 2076: 2059: 2050: 2049: 2047: 2045: 2028: 2022: 2021: 2019: 2018: 2001: 1995: 1986: 1980: 1979: 1967: 1961: 1960: 1947: 1941: 1940: 1934: 1930: 1928: 1920: 1918: 1917: 1905: 1899: 1898: 1896: 1895: 1880: 1874: 1873: 1871: 1870: 1847: 1841: 1840: 1838: 1837: 1822: 1816: 1815: 1813: 1812: 1797: 1791: 1790: 1788: 1787: 1773: 1767: 1766: 1764: 1763: 1749: 1743: 1742: 1740: 1739: 1724: 1718: 1717: 1715: 1714: 1691: 1685: 1684: 1682: 1681: 1658: 1652: 1651: 1640: 1634: 1633: 1632:, 1 October 2015 1622: 1616: 1615: 1613: 1612: 1597: 1591: 1590: 1588: 1587: 1564: 1558: 1557: 1555: 1554: 1531: 1525: 1524: 1522: 1521: 1498: 1492: 1491: 1489: 1488: 1471: 1465: 1464: 1462: 1461: 1442: 1436: 1435: 1433: 1432: 1417: 1411: 1410: 1408: 1407: 1390: 1384: 1383: 1381: 1380: 1366: 1360: 1359: 1346: 1340: 1339: 1337: 1335: 1326:. Archived from 1320: 1314: 1313: 1311: 1310: 1296: 1290: 1289: 1282: 962:General Electric 779: 777: 767: 748:Otkritie FC Bank 392:Sterling Bancorp 288:Sankaty Advisors 252:General Electric 206:General Electric 191: 188: 186: 174:General Electric 90: 88: 75: 73: 40: 33: 29: 21: 4475: 4474: 4470: 4469: 4468: 4466: 4465: 4464: 4415: 4414: 4413: 4408: 4382: 4375: 4337:General Imaging 4301: 4278: 4226: 4216: 4182:Susan Hockfield 4155: 4129: 4084: 4075:Trivection oven 4037: 4027: 3987: 3959:Engine Alliance 3931: 3930:Joint ventures/ 3924: 3895:Montgomery Ward 3663: 3657: 3648: 3621: 3616: 3579: 3578: 3575: 3570: 3561: 3559: 3552: 3548: 3539: 3537: 3528: 3527: 3523: 3513: 3511: 3509:Financial Times 3501: 3497: 3488: 3486: 3471: 3467: 3452: 3448: 3433: 3429: 3414: 3413: 3409: 3392: 3388: 3379: 3377: 3368: 3367: 3363: 3353: 3351: 3341: 3337: 3336: 3332: 3322: 3320: 3310: 3306: 3305: 3301: 3291: 3289: 3279: 3275: 3274: 3270: 3260: 3258: 3248: 3244: 3243: 3239: 3229: 3227: 3217: 3213: 3212: 3208: 3198: 3196: 3186: 3182: 3181: 3177: 3167: 3165: 3155: 3151: 3150: 3146: 3136: 3134: 3124: 3120: 3119: 3115: 3106: 3104: 3095: 3094: 3090: 3081: 3079: 3061: 3057: 3048: 3046: 3036:Washington Post 3028: 3024: 3015: 3013: 3004: 3003: 2999: 2990: 2988: 2979: 2978: 2974: 2968: 2964: 2955: 2953: 2948: 2947: 2943: 2926: 2919: 2902: 2895: 2886: 2884: 2875: 2874: 2870: 2857: 2856: 2852: 2847: 2843: 2834: 2832: 2823: 2822: 2818: 2809: 2807: 2789: 2785: 2776: 2774: 2765: 2764: 2760: 2750: 2748: 2737: 2733: 2723: 2721: 2710: 2706: 2697: 2695: 2686: 2685: 2681: 2674: 2670: 2661: 2659: 2650: 2649: 2645: 2636: 2634: 2621: 2620: 2616: 2603: 2602: 2598: 2586: 2582: 2573: 2571: 2561: 2557: 2547: 2545: 2530: 2529: 2525: 2516: 2514: 2505: 2504: 2500: 2491: 2489: 2479: 2475: 2466: 2464: 2456: 2455: 2451: 2442: 2440: 2427: 2426: 2422: 2413: 2411: 2403: 2402: 2398: 2388: 2386: 2377: 2376: 2372: 2362: 2360: 2351: 2350: 2346: 2336: 2334: 2319: 2315: 2306: 2304: 2294: 2290: 2281: 2279: 2270: 2269: 2265: 2256: 2254: 2236: 2232: 2223: 2221: 2213: 2212: 2208: 2199: 2197: 2184: 2183: 2179: 2170: 2168: 2159: 2158: 2149: 2141:Daily Telegraph 2132: 2128: 2116: 2115: 2106: 2105: 2099: 2097: 2087: 2083: 2074: 2072: 2061: 2060: 2053: 2043: 2041: 2030: 2029: 2025: 2016: 2014: 2003: 2002: 1998: 1987: 1983: 1968: 1964: 1949: 1948: 1944: 1932: 1931: 1922: 1921: 1915: 1913: 1906: 1902: 1893: 1891: 1882: 1881: 1877: 1868: 1866: 1848: 1844: 1835: 1833: 1823: 1819: 1810: 1808: 1799: 1798: 1794: 1785: 1783: 1775: 1774: 1770: 1761: 1759: 1751: 1750: 1746: 1737: 1735: 1725: 1721: 1712: 1710: 1692: 1688: 1679: 1677: 1659: 1655: 1649:railjournal.com 1641: 1637: 1624: 1623: 1619: 1610: 1608: 1599: 1598: 1594: 1585: 1583: 1565: 1561: 1552: 1550: 1532: 1528: 1519: 1517: 1499: 1495: 1486: 1484: 1473: 1472: 1468: 1459: 1457: 1450:TodayOnline.com 1444: 1443: 1439: 1430: 1428: 1418: 1414: 1405: 1403: 1391: 1387: 1378: 1376: 1368: 1367: 1363: 1348: 1347: 1343: 1333: 1331: 1322: 1321: 1317: 1308: 1306: 1298: 1297: 1293: 1284: 1283: 1279: 1275: 1240: 1201:practices. The 1199:debt collection 1191: 1089: 1083: 1067:Santander Group 1059: 1053:(IPO) in 2013. 1039: 1019: 1005:was located in 999: 983:GE Garanti Bank 970: 912: 894: 863: 818: 798:GE Artesia Bank 795: 759: 756: 740: 681: 661:Banco Santander 653: 628: 605: 589: 577: 564: 547: 534: 526:Santander Group 518: 435: 430: 414: 244: 226: 183: 152: 142: 135: 131: 119: 86: 84: 71: 69: 28: 23: 22: 15: 12: 11: 5: 4473: 4463: 4462: 4457: 4452: 4447: 4442: 4437: 4432: 4427: 4410: 4409: 4407: 4406: 4396: 4380: 4377: 4376: 4374: 4373: 4366: 4359: 4354: 4349: 4347:Phoebus cartel 4344: 4339: 4334: 4327: 4322: 4317: 4309: 4307: 4303: 4302: 4300: 4299: 4293: 4286: 4284: 4280: 4279: 4277: 4276: 4271: 4266: 4261: 4256: 4251: 4246: 4241: 4236: 4230: 4228: 4222: 4221: 4218: 4217: 4215: 4214: 4209: 4204: 4199: 4194: 4189: 4184: 4179: 4174: 4169: 4167:James Cash Jr. 4163: 4161: 4157: 4156: 4154: 4153: 4148: 4143: 4137: 4135: 4131: 4130: 4128: 4127: 4122: 4117: 4112: 4107: 4101: 4099: 4092: 4086: 4085: 4083: 4082: 4077: 4072: 4067: 4062: 4057: 4052: 4047: 4041: 4039: 4033: 4032: 4029: 4028: 4026: 4025: 4020: 4014: 4008: 4002: 3995: 3993: 3989: 3988: 3986: 3985: 3980: 3974: 3968: 3962: 3956: 3950: 3943: 3941: 3934: 3926: 3925: 3923: 3922: 3917: 3912: 3907: 3902: 3897: 3892: 3887: 3882: 3877: 3872: 3867: 3862: 3857: 3852: 3847: 3842: 3837: 3836: 3835: 3825: 3820: 3815: 3810: 3805: 3800: 3795: 3790: 3785: 3780: 3775: 3770: 3765: 3760: 3755: 3750: 3745: 3740: 3735: 3730: 3729: 3728: 3718: 3713: 3708: 3703: 3698: 3693: 3688: 3683: 3678: 3673: 3667: 3665: 3659: 3658: 3651: 3649: 3647: 3646: 3641: 3636: 3629: 3627: 3623: 3622: 3615: 3614: 3607: 3600: 3592: 3586: 3585: 3574: 3573:External links 3571: 3569: 3568: 3546: 3521: 3495: 3465: 3446: 3427: 3407: 3386: 3361: 3330: 3299: 3268: 3237: 3206: 3175: 3144: 3113: 3088: 3055: 3022: 2997: 2985:Bloomberg News 2972: 2962: 2941: 2917: 2911:New York Times 2893: 2868: 2850: 2841: 2816: 2783: 2758: 2731: 2704: 2679: 2668: 2643: 2614: 2596: 2580: 2555: 2523: 2498: 2481:Dam, Ranajit. 2473: 2449: 2433:gemoneybank.lv 2420: 2409:Independent.ie 2396: 2385:on 5 June 2007 2370: 2359:. 28 July 2016 2344: 2313: 2288: 2276:Bloomberg News 2263: 2230: 2206: 2177: 2167:. 23 June 2014 2147: 2126: 2081: 2051: 2040:. Sydney. 2008 2023: 1996: 1981: 1962: 1956:Yahoo! Finance 1942: 1900: 1875: 1842: 1831:Bloomberg News 1817: 1792: 1781:Cincinnati.com 1768: 1757:Bloomberg News 1744: 1733:Bloomberg News 1719: 1686: 1653: 1635: 1617: 1592: 1559: 1526: 1493: 1466: 1437: 1412: 1385: 1361: 1341: 1315: 1300:"Designations" 1291: 1276: 1274: 1271: 1239: 1236: 1220:credit reports 1216:credit bureaus 1190: 1187: 1085:Main article: 1082: 1079: 1063:Abbey National 1058: 1057:United Kingdom 1055: 1038: 1035: 1018: 1015: 998: 995: 987: 986: 980: 969: 966: 911: 908: 893: 890: 862: 859: 855:Värde Partners 817: 814: 794: 791: 755: 752: 739: 736: 719:centres and a 680: 677: 652: 649: 627: 624: 604: 601: 588: 585: 576: 573: 563: 560: 546: 545:Czech Republic 543: 533: 530: 517: 514: 434: 431: 429: 426: 413: 410: 409: 408: 405: 395: 380: 374: 364: 361: 346: 339: 332: 325: 318: 305: 291: 280: 269: 243: 240: 225: 222: 193: 192: 181: 177: 176: 171: 165: 164: 153: 150: 147: 146: 143: 140: 137: 136: 133: 127: 125: 121: 120: 118: 117: 112: 106: 104: 100: 99: 96: 92: 91: 81: 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4024: 4021: 4018: 4015: 4012: 4009: 4006: 4003: 4000: 3997: 3996: 3994: 3990: 3984: 3981: 3978: 3975: 3972: 3969: 3966: 3963: 3960: 3957: 3954: 3951: 3948: 3945: 3944: 3942: 3938: 3935: 3933: 3932:shareholdings 3927: 3921: 3918: 3916: 3913: 3911: 3908: 3906: 3903: 3901: 3898: 3896: 3893: 3891: 3888: 3886: 3883: 3881: 3880:Genesis Lease 3878: 3876: 3873: 3871: 3868: 3866: 3863: 3861: 3858: 3856: 3853: 3851: 3848: 3846: 3843: 3841: 3838: 3834: 3833:LM Wind Power 3831: 3830: 3829: 3826: 3824: 3821: 3819: 3816: 3814: 3811: 3809: 3806: 3804: 3801: 3799: 3796: 3794: 3791: 3789: 3788:GE Industrial 3786: 3784: 3781: 3779: 3778:GE HealthCare 3776: 3774: 3771: 3769: 3766: 3764: 3761: 3759: 3756: 3754: 3751: 3749: 3746: 3744: 3741: 3739: 3736: 3734: 3731: 3727: 3724: 3723: 3722: 3719: 3717: 3714: 3712: 3711:GE Appliances 3709: 3707: 3704: 3702: 3699: 3697: 3694: 3692: 3689: 3687: 3684: 3682: 3679: 3677: 3674: 3672: 3669: 3668: 3666: 3664:and divisions 3660: 3655: 3645: 3642: 3640: 3639:GE 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Index

GE Money Bank

Subsidiary
Financial services
GE Energy Financial Services
Synchrony Financial
Norwalk, Connecticut
chairman
CEO
Parent
General Electric
www.gecapital.com
financial services
General Electric
Synchrony Financial
GE Energy Financial Services
GE Vernova
systemically important financial institution
Jeffrey R. Immelt
General Electric
Canada Pension Plan Investment Board
Sumitomo Mitsui Banking Corporation
The Blackstone Group
Wells Fargo
Crédit Mutuel
Sankaty Advisors
Mubadala
Mubadala Development Company
Apollo Management
GE Capital Rail Services

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