According to a Moody’s Investor Service report the disposal of the majority of GE Capital’s assets will alter the ABS landscape. read more
APR 20, 2015 - 7:21 am
In a special report on Q/15 earnings, GE said GE Capital’s operating results, after the effect of “exit impacts,” was a net loss of $14.7 billion. GE also notes with regard to its GE Capital portfolio strategy, this is an “excellent environment for creating value from financial assets.” read more
APR 17, 2015 - 8:05 am
The New York Times notes in a report that shrinking GE Capital will keep M&A practitioners busy for a while, but borrowing by the financial giant has been the biggest moneymaker for investment bankers over the last 15 years. read more
APR 15, 2015 - 7:34 am
GE Capital Fleet Services introduced BrightWorks Insights, an advanced fleet analytics platform. read more
APR 15, 2015 - 7:28 am
In a research report, Zacks Equity noted the only financial operations that will be retained by General Electric will include verticals like GE Capital Aviation Services, Energy Financial and Healthcare Equipment Finance. read more
APR 14, 2015 - 7:25 am
Mubadala GE Capital, a venture between Abu Dhabi state fund Mubadala and GE Capital, announced it has no current plans to change the shareholding or strategy of the business despite GE’s recent financial services pullback announcement. read more
APR 14, 2015 - 7:18 am
The New York Times noted in a report on GE’s announcement that it will sell off most of GE Capital that “it’s the end of an era”, according to a professor of finance and asset management at Columbia Business School. read more
APR 13, 2015 - 7:52 am
According to a RTT News report, GE shares closed up by 2.78 at $28.51 on the highest volume of the year after announcing its decision to sell most of GE Capital. The stock finished at its highest level since September 2008. read more
APR 13, 2015 - 7:45 am
Blackstone and Wells Fargo announced they signed agreements to purchase most of the assets of GE Capital Real Estate in a transaction valued at approximately $23 billion. read more
APR 13, 2015 - 7:42 am
GE announced will sell most of its GE Capital assets by 2018, a move that will reshape the company and further the role of its industrial businesses as the principal source of GE’s earnings. read more
APR 10, 2015 - 12:23 pm