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 ...

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 ...

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 ...

GE Capital, Franchise Finance, has publicly announced the formation of a new group named New Relationship Development. The team will focus on developing relationships with next generation of ...

General Electric is selling most of the real estate and other remaining assets of its GE Capital unit, the financial arm which was once the largest part of the company. The company said Friday expects ...

Two trends converged Monday with the announcement of the proposed $3 billion acquisition of Trustreet Properties, a net lease REIT that specializes in restaurant properties, by the Franchise Finance ...

BOSTON--(BUSINESS WIRE)--GE (NYSE:GE) today announced multiple transactions to extend its GE Capital debt maturities and enhance its liquidity profile, following a series of recent steps the Company ...

FAIRFIELD, Conn., July 26 -- The chairman of General Electric Capital Corp., Denis J. Nayden, was ousted today as Jeffrey R. Immelt, chief executive of parent General Electric Co., took direct control ...

NORWALK -- GE Capital, a Norwalk-based division of General Electric, on Friday announced the completion of its acquisition of most of CitiCapital, Citigroup's North American commercial leasing and ...

Clearing a year of continued downsizing at its Norwalk headquarters, GE Capital reduced its annual loss by a factor of six in 2019, while finally extricating itself from the damage done by a mortgage ...