GE Capital

Latest stories

3h
FOX Business
Which General Electric Business Grew 62% Last Quarter?has occurred amidst a backdrop of major changes at GE HQ. General Electric anno
Which General Electric Business Grew 62% Last Quarter?
FOX Business / Posted 3 hours ago
has occurred amidst a backdrop of major changes at GE HQ. General Electric announced a major pivot last year to shed its GE Capital business and double down on industrial expertise. That means more potential for cross-business synergies, and the... Read more
3h
FOX Business
Which General Electric Business Grew 62% Last Quarter?has occurred amidst a backdrop of major changes at GE HQ. General Electric anno
Which General Electric Business Grew 62% Last Quarter?
FOX Business / Posted 3 hours ago
has occurred amidst a backdrop of major changes at GE HQ. General Electric announced a major pivot last year to shed its GE Capital business and double down on industrial expertise. That means more potential for cross-business synergies, and the... Read more
19h
Business Wire
U.S. Credit Card ABS Remains Stable on Most Frontscomposed of private label portfolios originated and serviced by Citibank (South
U.S. Credit Card ABS Remains Stable on Most Fronts
Business Wire / Posted 19 hours ago
composed of private label portfolios originated and serviced by Citibank (South Dakota) N.A, Synchrony Financial (Formerly GE Capital Retail Bank), and Comenity Bank (formerly World Financial Network National Bank). More than 165 retailers are... Read more
1d
TheStreet.com
Industrials are on fire, so watch National Oilwell and General ElectricImmelt, continues his year-long push to return the manufacturer to its industri
Industrials are on fire, so watch National Oilwell and General Electric
TheStreet.com / Posted yesterday
Immelt, continues his year-long push to return the manufacturer to its industrial roots while simultaneously winding down GE Capital, Cramer said in an email. Immelt's quest to scrap GE Capital -- the longtime lending arm that was largely... Read more
3d
TheStreet.com
GE investors show support for CEO Immelt with a thumbs-up on $32.9M pay packageappliances and jet engines. Immelt completed the sale of television unit NBC in
GE investors show support for CEO Immelt with a thumbs-up on $32.9M pay package
TheStreet.com / Posted 3 days ago
appliances and jet engines. Immelt completed the sale of television unit NBC in 2013, decided last year to exit most of GE Capital and finalized its largest industrial acquisition, France-based Alstom's power business, for $10 billion. "We... Read more
3d
San Antonio Express-News
Why Does Saudi Aramco Want to Go Public?game. Crowe: They are doing a lot of things that are very impressive. They are
Why Does Saudi Aramco Want to Go Public?
San Antonio Express-News / Posted 3 days ago
game. Crowe: They are doing a lot of things that are very impressive. They are really trying to divest themselves from GE Capital. They said in their release there are about $166 billion worth of that has been divested. They're a little ahead... Read more
3d
ABC News
The Pros and Cons of Goldman Sachs' No-Minimum Savings Accountcontributed to the 2008 financial crisis. The GS Bank business last year acqui
The Pros and Cons of Goldman Sachs' No-Minimum Savings Account
ABC News / Posted 3 days ago
contributed to the 2008 financial crisis. The GS Bank business last year acquired an online deposit banking platform from GE Capital Bank. GS Bank said last week it completed the acquisition and assumed about $16 billion in customer... Read more
27 related stories
4d
Calcutta News
Deposit your piggy bank savings in Goldman Sach’s new online bankbeen synonymous with private banking for the rich, reportedly said that this st
Deposit your piggy bank savings in Goldman Sach’s new online bank
Calcutta News / Posted 4 days ago
been synonymous with private banking for the rich, reportedly said that this strategy is in line with its procurement of GE Capital, an online bank. The Financial Times noted in its report that this new venture is a result of Goldman Sachs’... Read more
27 related stories
4d
Daily Mail
Goldman Sachs opens online banking in bid to attract familieswith only a $1 deposit needed to open an account The new online facility comes
Goldman Sachs opens online banking in bid to attract families
Daily Mail / Posted 4 days ago
with only a $1 deposit needed to open an account The new online facility comes on the heels of Goldman's acquisition of GE Capital's online deposit platform, after which it assumed around $16billion of deposits from some 145,000 customers. The... Read more
27 related stories
4d
Zawya
Goldman's mass market online bankCD rates. The move not a surprise. The platform is built on $16 billion dollar
Goldman's mass market online bank
Zawya / Posted 4 days ago
CD rates. The move not a surprise. The platform is built on $16 billion dollars of U.S. online deposits it acquired from GE Capital Bank. Regulators have pushed Goldman and other U.S. investment banks to mimic commercial and universal banks by... Read more
27 related stories
4d
TheBull
Goldman Sachs launches online bank for the massesserving billionaires and giant companies undertaking mega-mergers. The move co
Goldman Sachs launches online bank for the masses
TheBull / Posted 4 days ago
serving billionaires and giant companies undertaking mega-mergers. The move comes on the heels of Goldman's acquisition of GE Capital's online deposit platform, after which it assumed about $16 billion of deposits from some 145,000... Read more
27 related stories
4d
TechCrunch
Goldman Sachs launches GS Bank, an Internet bank with a $1 minimum depositsavings that come from not having to support brick-and-mortar branches. The ba
Goldman Sachs launches GS Bank, an Internet bank with a $1 minimum deposit
TechCrunch / Posted 4 days ago
savings that come from not having to support brick-and-mortar branches. The bank was born out of Goldman’s acquisition of GE Capital Bank, the online retail bank previously run by General Electric’s capital arm. The launch of GS bank and... Read more
27 related stories
4d
The Advocate
Tech sector thriving with economic developmenttechnology workers was so strong that when GE decided to divest its banking por
Tech sector thriving with economic development
The Advocate / Posted 4 days ago
technology workers was so strong that when GE decided to divest its banking portfolio last year, the company switched its GE Capital offices in New Orleans to focus on its industrial partners. Instead of building applications for the financial... Read more
4d
KQ2 St. Joseph
You can now open a Goldman Sachs account with $1branches, which allows banks to offer better rates. Goldman Sachs announced la
You can now open a Goldman Sachs account with $1
KQ2 St. Joseph / Posted 4 days ago
branches, which allows banks to offer better rates. Goldman Sachs announced last week that it completed the acquisition of GE Capital Bank. The purchase came with an online deposit platform that had around $16 billion in deposits. "This... Read more
27 related stories
4d
The Financial Express
Goldman Sachs launches online-only bank for the massesserving billionaires and giant companies undertaking mega-mergers. The move co
Goldman Sachs launches online-only bank for the masses
The Financial Express / Posted 4 days ago
serving billionaires and giant companies undertaking mega-mergers. The move comes on the heels of Goldman’s acquisition of GE Capital’s online deposit platform, after which it assumed about USD 16 billion of deposits from some 145,000... Read more
27 related stories
4d
KXLY-TV Spokane
You can now open a Goldman Sachs account with $1branches, which allows banks to offer better rates. Goldman Sachs announced la
You can now open a Goldman Sachs account with $1
KXLY-TV Spokane / Posted 4 days ago
branches, which allows banks to offer better rates. Goldman Sachs announced last week that it completed the acquisition of GE Capital Bank. The purchase came with an online deposit platform that had around $16 billion in deposits. "This... Read more
27 related stories
4d
KTVZ Bend
You can now open a Goldman Sachs account with $1branches, which allows banks to offer better rates. Goldman Sachs announced la
You can now open a Goldman Sachs account with $1
KTVZ Bend / Posted 4 days ago
branches, which allows banks to offer better rates. Goldman Sachs announced last week that it completed the acquisition of GE Capital Bank. The purchase came with an online deposit platform that had around $16 billion in deposits. "This... Read more
27 related stories
4d
KTUU Anchorage
You can now open a Goldman Sachs account with $1branches, which allows banks to offer better rates. Goldman Sachs announced la
You can now open a Goldman Sachs account with $1
KTUU Anchorage / Posted 4 days ago
branches, which allows banks to offer better rates. Goldman Sachs announced last week that it completed the acquisition of GE Capital Bank. The purchase came with an online deposit platform that had around $16 billion in deposits. "This... Read more
27 related stories
4d
KRDO Colorado Springs
You can now open a Goldman Sachs account with $1branches, which allows banks to offer better rates. Goldman Sachs announced la
You can now open a Goldman Sachs account with $1
KRDO Colorado Springs / Posted 4 days ago
branches, which allows banks to offer better rates. Goldman Sachs announced last week that it completed the acquisition of GE Capital Bank. The purchase came with an online deposit platform that had around $16 billion in deposits. "This... Read more
27 related stories
4d
NBC News
Goldman Sachs Now Offering Online Banking for the 99 Percentalmost one full percentage point above every other big bank. The new strategy
Goldman Sachs Now Offering Online Banking for the 99 Percent
NBC News / Posted 4 days ago
almost one full percentage point above every other big bank. The new strategy follows Goldman's acquisition of online bank GE Capital, and comes as part of the banking behemoth's restructuring in the face of stricter federal regulations, falling... Read more
4d
News Channel 12 New Bern
You can now open a Goldman Sachs account with $1branches, which allows banks to offer better rates. Goldman Sachs announced la
You can now open a Goldman Sachs account with $1
News Channel 12 New Bern / Posted 4 days ago
branches, which allows banks to offer better rates. Goldman Sachs announced last week that it completed the acquisition of GE Capital Bank. The purchase came with an online deposit platform that had around $16 billion in deposits. "This... Read more
27 related stories
4d
CBS News
​Want to bank at Goldman Sachs? Now the little guy canbusiness and declining return on equity, according to The Financial Times. Gol
​Want to bank at Goldman Sachs? Now the little guy can
CBS News / Posted 4 days ago
business and declining return on equity, according to The Financial Times. Goldman's online banking venture has ties to the company's purchase of $17 billion in deposits from GE Capital, which was approved by federal regulators earlier thi... Read more
4d
ABC 7 El Paso
You can now open a Goldman Sachs account with $1branches, which allows banks to offer better rates. Goldman Sachs announced la
You can now open a Goldman Sachs account with $1
ABC 7 El Paso / Posted 4 days ago
branches, which allows banks to offer better rates. Goldman Sachs announced last week that it completed the acquisition of GE Capital Bank. The purchase came with an online deposit platform that had around $16 billion in deposits. "This... Read more
27 related stories
4d
News 8000
You can now open a Goldman Sachs account with $1branches, which allows banks to offer better rates. Goldman Sachs announced la
You can now open a Goldman Sachs account with $1
News 8000 / Posted 4 days ago
branches, which allows banks to offer better rates. Goldman Sachs announced last week that it completed the acquisition of GE Capital Bank. The purchase came with an online deposit platform that had around $16 billion in deposits. "This... Read more
27 related stories
4d
The Star
Goldman Sachs launches online bank for the massesserving billionaires and giant companies undertaking mega-mergers. The move co
Goldman Sachs launches online bank for the masses
The Star / Posted 4 days ago
serving billionaires and giant companies undertaking mega-mergers. The move comes on the heels of Goldman’s acquisition of GE Capital’s online deposit platform, after which it assumed about US$16bil (RM62.5bil) of deposits from some 145,000... Read more
27 related stories
4d
Investopedia
Goldman Sachs Offers Online Consumer Banking (GS)Group Inc. (GS), but life is full of surprises. On April 18 the company announc
Goldman Sachs Offers Online Consumer Banking (GS)
Investopedia / Posted 4 days ago
Group Inc. (GS), but life is full of surprises. On April 18 the company announced that it had completed its acquisition of GE Capital Bank's online deposit platform and taken on $16 billion in deposits. Retail customers can now open a savings... Read more
27 related stories
4d
KECI Missoula
You can now open a Goldman Sachs account with $1branches, which allows banks to offer better rates. Goldman Sachs announced la
You can now open a Goldman Sachs account with $1
KECI Missoula / Posted 4 days ago
branches, which allows banks to offer better rates. Goldman Sachs announced last week that it completed the acquisition of GE Capital Bank. The purchase came with an online deposit platform that had around $16 billion in deposits. "This... Read more
27 related stories
4d
KSBW Salinas
You can now open a Goldman Sachs account with $1branches, which allows banks to offer better rates. Goldman Sachs announced la
You can now open a Goldman Sachs account with $1
KSBW Salinas / Posted 4 days ago
branches, which allows banks to offer better rates. Goldman Sachs announced last week that it completed the acquisition of GE Capital Bank. The purchase came with an online deposit platform that had around $16 billion in deposits. "This... Read more
27 related stories
4d
WFMZ Eastern Pennsylvania and Western New Jersey
You can now open a Goldman Sachs account with $1branches, which allows banks to offer better rates. Goldman Sachs announced la
You can now open a Goldman Sachs account with $1
WFMZ Eastern Pennsylvania and Western New Jersey / Posted 4 days ago
branches, which allows banks to offer better rates. Goldman Sachs announced last week that it completed the acquisition of GE Capital Bank. The purchase came with an online deposit platform that had around $16 billion in deposits. "This... Read more
27 related stories
4d
4029TV KHBS - KHOG Fort Smith - Fayetteville
You can now open a Goldman Sachs account with $1branches, which allows banks to offer better rates. Goldman Sachs announced la
You can now open a Goldman Sachs account with $1
4029TV KHBS - KHOG Fort Smith - Fayetteville / Posted 4 days ago
branches, which allows banks to offer better rates. Goldman Sachs announced last week that it completed the acquisition of GE Capital Bank. The purchase came with an online deposit platform that had around $16 billion in deposits. "This... Read more
27 related stories
4d
WCYB 5 Tri-Cities
You can now open a Goldman Sachs account with $1branches, which allows banks to offer better rates. Goldman Sachs announced la
You can now open a Goldman Sachs account with $1
WCYB 5 Tri-Cities / Posted 4 days ago
branches, which allows banks to offer better rates. Goldman Sachs announced last week that it completed the acquisition of GE Capital Bank. The purchase came with an online deposit platform that had around $16 billion in deposits. "This... Read more
27 related stories
4d
dna
Goldman Sachs launches online bank for the massesserving billionaires and giant companies undertaking mega-mergers. The move co
Goldman Sachs launches online bank for the masses
dna / Posted 4 days ago
serving billionaires and giant companies undertaking mega-mergers. The move comes on the heels of Goldman's acquisition of GE Capital's online deposit platform, after which it assumed about $16 billion of deposits from some 145,000... Read more
27 related stories
5d
Aircraft Maintenance Technology
Global Jet Capital announces appointment of Greg Babcock as Vice President of Sales for Central USworth of aircraft with some of the largest companies in the sector including Em
Global Jet Capital announces appointment of Greg Babcock as Vice President of Sales for Central US
Aircraft Maintenance Technology / Posted 5 days ago
worth of aircraft with some of the largest companies in the sector including Embraer Executive Jets, Cessna Aircraft, GE Capital, US Bank and Key Equipment Finance. He has carried out a variety of aviation industry roles and will bring that... Read more
5d
Fortune
Now You Don't Have to Be a Millionaire to Bank at Goldman Sachsstore. Goldman opened its online commercial banking business last week after c
Now You Don't Have to Be a Millionaire to Bank at Goldman Sachs
Fortune / Posted 5 days ago
store. Goldman opened its online commercial banking business last week after completing its acquisition of GE Capital, though plans for the online bank started as early as 2012. “This transaction increases the funding... Read more
5d
National Post
Story | Business Wire News Releases | News | Financial PostOF COLUMBIA (the “United States”) OR IN OR INTO ANY OTHER JURISDICTION WHERE IT
Story | Business Wire News Releases | News | Financial Post
National Post / Posted 5 days ago
OF COLUMBIA (the “United States”) OR IN OR INTO ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS DOCUMENT. GE Capital Australia Funding Pty. Ltd. (ACN 085 675 467) (“GECAF”), GE Capital Canada Funding Company (“GECCF”) and GE... Read more
5d
Business Insider
10 things you need to know before the opening bellfor as little as $1. The bank accounts are available after Goldman acquired abo
10 things you need to know before the opening bell
Business Insider / Posted 5 days ago
for as little as $1. The bank accounts are available after Goldman acquired about 150,000 retail customers through its GE Capital deal that closed last week, according to the Financial Times. Ball is selling its beverage-can assets. Bloomberg... Read more
5d
TheStreet.com
10 things you should know for Monday, April 25bank last week launched GSBank.com, a platform it inherited through the acquisi
10 things you should know for Monday, April 25
TheStreet.com / Posted 5 days ago
bank last week launched GSBank.com, a platform it inherited through the acquisition of a $16 billion book of deposits from GE Capital, the FT reported. Through that deal it gained about 145,000 retail depositors and is now seeking more, offering... Read more
5d
Money Marketing Online
Goldman Sachs opens up to mass marketreports the bank launched GSBank.com last week, via a platform it took over by
Goldman Sachs opens up to mass market
Money Marketing Online / Posted 5 days ago
reports the bank launched GSBank.com last week, via a platform it took over by buying a $16bn (£11bn) deposit book from GE Capital. Goldman Sachs chief strategy officer Stephen Scherr says the goal is to increase the sources of funding for GS... Read more
5d
Investors Chronicle
Goldman goes downmarketafter announcing last week that return on equity was just 6.4 per cent, it will
Goldman goes downmarket
Investors Chronicle / Posted 5 days ago
after announcing last week that return on equity was just 6.4 per cent, it will incorporate the assets it bought from GE Capital into GSBank.com. Offering interest rates of up to 1.05 per cent per annum, and certificates of deposit paying 0.7... Read more
5d
Business Insider
Goldman Sachs is launching a bank account for ordinary people — not just the super richbank with Goldman Sachs. The new online-only US savings account, on GSBank.com
Goldman Sachs is launching a bank account for ordinary people — not just the super rich
Business Insider / Posted 5 days ago
bank with Goldman Sachs. The new online-only US savings account, on GSBank.com, comes as part of Goldman's acquisition of GE Capital, the Financial Times reports, and is part of efforts by the investment bank to diversify sources of... Read more
7d
FOX Business
3 Reasons Synchrony Financial Could Risedivision, Synchrony Financial , in an IPO as part of its plan to wind down the
3 Reasons Synchrony Financial Could Rise
FOX Business / Posted 7 days ago
division, Synchrony Financial , in an IPO as part of its plan to wind down the company's large finance division, GE Capital. Since the IPO, Synchrony's stock is up 26%, but it sits today 19% below its all-time high from July of... Read more
7d
FOX Business
3 Reasons Synchrony Financial Could Risedivision, Synchrony Financial , in an IPO as part of its plan to wind down the
3 Reasons Synchrony Financial Could Rise
FOX Business / Posted 7 days ago
division, Synchrony Financial , in an IPO as part of its plan to wind down the company's large finance division, GE Capital. Since the IPO, Synchrony's stock is up 26%, but it sits today 19% below its all-time high from July of... Read more
7d
The Arizona Republic
Loan deal keeps Western Alliance on acquisition pathan acquisition path. The Phoenix-based parent of Alliance Bank of Arizona had
Loan deal keeps Western Alliance on acquisition path
The Arizona Republic / Posted 7 days ago
an acquisition path. The Phoenix-based parent of Alliance Bank of Arizona had agreed to buy the mortgage-loan portfolio of GE Capital in late March. The deal will transfer roughly 35 members of GE Capital's team from a Scottsdale office to the... Read more
7d
FOX Business
GE Earnings: Another Quarter of Tough ConditionsGeneral Electric dealt with a challenging environment in the first quarter. Ex
GE Earnings: Another Quarter of Tough Conditions
FOX Business / Posted 7 days ago
General Electric dealt with a challenging environment in the first quarter. Excluding GE Capital, which GE is in the process of divesting, first-quarter revenue increased 6% year over year to $27.6 billion. This translated to a 5% increase in... Read more
25 related stories
7d
FOX Business
GE Earnings: Another Quarter of Tough ConditionsGeneral Electric dealt with a challenging environment in the first quarter. Ex
GE Earnings: Another Quarter of Tough Conditions
FOX Business / Posted 7 days ago
General Electric dealt with a challenging environment in the first quarter. Excluding GE Capital, which GE is in the process of divesting, first-quarter revenue increased 6% year over year to $27.6 billion. This translated to a 5% increase in... Read more
25 related stories
7d
TheStreet.com
How the GE juggernaut is shrugging off a wicked oil-market slumpplans to sell was $200 million, or 2 cents a share, compared with a loss a year
How the GE juggernaut is shrugging off a wicked oil-market slump
TheStreet.com / Posted 7 days ago
plans to sell was $200 million, or 2 cents a share, compared with a loss a year earlier due to charges from the GE Capital reduction. So far, Immelt has reached agreements to sell $166 billion of the lender's portfolio and completed $146... Read more
25 related stories
7d
TheStreet.com
How the GE juggernaut is shrugging off a wicked oil-market slumppeak. Stock in the storied manufacturer has gained 20% since Immelt announced
How the GE juggernaut is shrugging off a wicked oil-market slump
TheStreet.com / Posted 7 days ago
peak. Stock in the storied manufacturer has gained 20% since Immelt announced a plan to shave off most of the lucrative GE Capital lending business a year ago, an exponentially larger climb than both the Dow Jones Industrial Average and the... Read more
25 related stories
7d
Investopedia
5 Most Popular Stocks Among Members in Congresshousehold appliances, aircraft engines and equipment for oil and gas production
5 Most Popular Stocks Among Members in Congress
Investopedia / Posted 7 days ago
household appliances, aircraft engines and equipment for oil and gas production. General Electric, through its subsidiary GE Capital, also provides commercial loans to businesses that need capital to grow. (For related reading, see: The 2016... Read more
8d
TheStreet.com
General Electric is going in the 'right direction' -- plus Jim Cramer commentsfocus," he said, referring to the company's renewed emphasis on its industrials
General Electric is going in the 'right direction' -- plus Jim Cramer comments
TheStreet.com / Posted 8 days ago
focus," he said, referring to the company's renewed emphasis on its industrials business and its move last year to shed its GE Capital business, which caused turmoil for the company during the 2008 financial crisis. Factoring in the finance losses,... Read more
8d
5KSDK St. Louis
General Electric posts loss as GE Capital continues selling assetsmissing S&P Global Market Intelligence estimates of 18 cents. The company is s
General Electric posts loss as GE Capital continues selling assets
5KSDK St. Louis / Posted 8 days ago
missing S&P Global Market Intelligence estimates of 18 cents. The company is selling off a substantial portion of its GE Capital unit as it refocuses its efforts on its industrial businesses. Contemporaneously the company is asking the U.S.... Read more
25 related stories
More

People in this news