HSBC Continental Europe completed the sale of its retail banking business in France to CCF, a subsidiary of Promontoria MMB SAS (My Money Group) on Jan. 1. read more

JAN 2, 2024 - 6:51 am

Alternative investor Cerberus Capital Management agreed to acquire Axsesstoday, a provider of equipment finance solutions to small and medium businesses in Australia. read more

SEP 10, 2019 - 6:40 am

Former JPMorgan Chase executive Len Laufer joined Cerberus Capital Management to lead Cerberus Technology Solutions, a new operating subsidiary. read more

SEP 28, 2018 - 7:05 am

GE closed the sale of its French consumer finance business, GE Money Bank, and its operations in the French Overseas Territories to an affiliate of Cerberus Capital Management. read more

MAR 29, 2017 - 7:21 am

Bloomberg reported ITT Educational Services began liquidation proceedings after closing 136 technical schools and owes a unit of Cerberus Capital Management $34.5 million. read more

SEP 19, 2016 - 8:16 am

The Wall Street Journal reported that private equity group Cerberus Capital Management submitted a binding offer for GE Money Bank, GE’s French consumer-credit unit. read more

JUN 23, 2016 - 7:42 am

Reuters reported that three buyout funds are vying to buy General Electric’s banking unit in France which has approximately $6.6 billion worth of assets. read more

NOV 9, 2015 - 7:22 am