Wells Fargo completed the purchase of the Europe, Middle East and Africa segment of GE Capital’s Commercial Distribution Finance business. read more

OCT 4, 2016 - 7:21 am

Bloomberg reported that due to concerns that GE may add debt in order fo fund future acquisitions, S&P Global Ratings cut the company’s credit rating. read more

SEP 26, 2016 - 7:48 am

Exeter Finance elected former GE Capital executive Dan Henson board chairman. Henson will replace Blackstone executive Martin Brand, who will continue to serve as a board member. read more

SEP 23, 2016 - 7:09 am

GE completed the sale of GE Capital’s U.S. restaurant financing assets to First Horizon National, Wintrust Financial and Sterling National Bank. read more

SEP 20, 2016 - 7:08 am

AirAsia has appointed former GE Capital Aviation Services executive Stephane Daillencourt as president and CEO of its leasing unit, Asia Aviation Capital. read more

SEP 8, 2016 - 7:00 am

Keith Sherin will retire from his post as GE vice chairman and GE Capital chairman and CEO on December 31. He will be replaced by Richard A. Laxer, current GE Capital international president and CEO. read more

AUG 31, 2016 - 7:00 am

Aris Kekedjian, GE Capital M&A and business development leader, will lead GE’s M&A/business development team effective September 1, 2016. read more

AUG 31, 2016 - 6:49 am

General Electric received a binding offer for the potential sale of its French prime mortgage portfolio from a newly established French FCT entity. read more

AUG 15, 2016 - 8:24 am

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Fitch Ratings published ‘AA-/F1+’ Long-and Short-Term Issuer Default Ratings for GE and GE Capital Global Holdings. Fitch has also published debt ratings for GE and GE Capital, including those of certain GE Capital subsidiaries. read more

AUG 3, 2016 - 6:47 am

General Electric reported through July, $168 billion in financial asset sales were closed out of $183 billion that were signed. GE also noted its SIFI de-designation was effective June 28. read more

JUL 25, 2016 - 6:50 am

GE completed the sale of its equipment finance and receivable finance businesses in France and Germany, with an ending net investment of $6.8 billion, to a French bank. read more

JUL 21, 2016 - 7:30 am

There were 17 U.S. Industrial Affiliate equipment leasing and financing companies in the first Monitor 100, 25 years ago. Only one of those companies remains, and next year it will be gone. Dexter Van Dango takes a look back in time at those legacy companies and recounts the stories of their rise and fall.... read more

Monitor 100 2016

Monitor’s publisher Jerry Parrotto tells the story of how the Monitor 100 began, taking a look at how the industry has changed during the last 25 years. Though U.S. industrial affiliates initially dominated the ranking, they have all but disappeared, paving the way for the growth of banks.... read more

Monitor 100 2016

Canadian Western Bank completed its previously announced acquisition of the loan portfolio and related business assets of GE Capital's Canadian franchise financing business, now known as CWB Franchise Finance. read more

JUL 5, 2016 - 7:04 am

GE completed the sale of GE Asset Management, the company’s investment management arm, to State Street. read more

JUL 5, 2016 - 6:32 am