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 ...

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 ...

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 ...

STAMFORD, Conn.--(BUSINESS WIRE)--GE Capital’s Retail Finance business traces its roots to the 1930's when the economy was rebounding and consumers wanted payment options to purchase the GE appliances ...

General Electric is trying to put its sins from the financial crisis behind it. WMC Mortgage, a defunct subprime lender that GE Capital acquired during the housing boom, filed for bankruptcy on ...

Stamford, Conn.-based General Electric Capital Corp., a diversified financial services company and subsidiary of the General Electric Co., has acquired Chicago-based Heller Financial Inc. for $5.3 ...

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 ...