Not all that long ago GE and Finance seemed a tenuous partnership, as a drastic restructuring in the wake of the financial crisis brought risk down and reach down as well. The past year (and then some), according to The Wall Street Journal, has seen...
General Electric has launched a flurry of bidding and M&A activity since its announcement that it will divest GE Capital and exit the banking industry, and last Thursday (Sept. 10), another piece of GE Capital got snatched up. In an announcement, BMO Financial Group said...
Capital One announced yesterday (Aug. 11) that it was acquiring GE Capital’s health care finance unit for roughly $8.5 billion. The specific unit that Capital One will be taking over is the loans associated with GE’s Healthcare Financial Services business. According to a news release, Capital...
While you might have missed it, this week the finest tool designed by man to predict the future made its triumphant return to the market in digital form. We are referring, of course, to the Magic 8 Ball, which is now available to help you...
September 14, 2015
General Electric has launched a flurry of bidding and M&A activity since its announcement that it will divest GE Capital and exit the banking industry, and last Thursday (Sept. 10), another piece of GE Capital got snatched up. In an announcement, BMO Financial Group said it has secured a deal to acquire GE Capital’s Transportation […]
August 12, 2015
Capital One announced yesterday (Aug. 11) that it was acquiring GE Capital’s health care finance unit for roughly $8.5 billion. The specific unit that Capital One will be taking over...
April 22, 2015
Wells Fargo is negotiating with GE Capital to acquire as much as $74 billion in middle-market business loans, as General Electric continues to sell off most of its banking business,...
April 13, 2015
GE Capital will sell off about $275 billion in assets over the next two years in an effort to get rid of its designation as a Systemically Important Financial Institution...
