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
GE completed the sale of its commercial leasing business in Japan and its Mexican equipment leasing business, representing $6.2 billion of the $42 billion in transactions the industrial giant has closed in Q1/16. read more
APR 4, 2016 - 7:08 am
GE filed a request to the Financial Stability Oversight Council for rescission of its designation as a nonbank systemically important financial institution. read more
APR 1, 2016 - 7:20 am
In its effort to divest most of GE Capital, GE signed $157 billion in transactions and closed transactions of $104 billion in ending net investment during 2015. read more
JAN 7, 2016 - 7:00 am
GE signed an agreement to sell its commercial lending and leasing business in Japan, including Capital Finance, Fleet Service and Vendor Finance, to Sumitomo Mitsui Finance and Leasing. read more
DEC 15, 2015 - 7:01 am
GE completed the previously announced sale of its UK home lending portfolio, valued at $5.9 billion to a consortium of funds managed by Blackstone, TPG Special Situations Partners and CarVal Investors. read more
DEC 7, 2015 - 6:48 am
GE completed the previously announced sale of its GE Capital, Healthcare Financial Services U.S. lending business, representing aggregate ending net investment of approximately $8.3 billion, to Capital One. read more
DEC 2, 2015 - 6:28 am
GE announced a final exchange ratio of 1.0505 in connection with its previously announced offer to exchange GE common stock for common stock of Synchrony Financial presently owned by GE. read more
NOV 13, 2015 - 6:42 am
Reuters reported that in an interview, GE Capital CEO Keith Sherin said he expects the pace of GE Capital asset sales will accelerate in the third quarter. read more
JUL 1, 2015 - 7:00 am
Terry Mulreany
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