Profitability was declining. GE Capital was losing money. The acquisition of Alstom’s power business had proven disastrous. And investors were forced to sift through dozens of pages of ...

The 2008 financial crisis nearly bankrupted its most profitable business, GE Capital, which was deemed “too big to fail” by the U.S. government. As it lurched from crisis to crisis ...

helped in part by GE Capital, its financial wing. Through the 1990s, it returned 1,120.6% on investments. GE’s revenue grew nearly fivefold during the tenure of Welch — who was named chief ...

Somehow "GE Bank" got my info. This is not the GE Capital Bank or GE Finance. GE has sold all its consumer lending to Synchrony Bank, but I didn't know that when Mike from India called me.

Norman C. T. Liu, is president and CEO of GE Capital Aviation Services (GECAS), the commercial aviation leasing and financing unit of General Electric. Liu is a 22-year veteran of GE Capital, with 14 ...

Immelt made a number of risky gambles, overpaid on subsequent acquisitions and became far too dependent on GE Capital, and was too slow to adapt to market changes, all leading to disastrous results.

Subsequent losses at GE Capital, its bloated finance arm, and troubles in its core industrial businesses laid the giant low. Jeff Immelt, Welch’s successor, sold off GE’s media, home-appliance ...

GE Capital. In late 2021, Culp announced the breakup that had eluded a generation of insiders after the company had grown vastly in size as it entered diverse businesses under predecessors.

GE Capital. When Culp, the first outsider to run GE, took the helm in 2018, the company was struggling with weak profits and a mountain of debt. Its stock had fallen nearly 80% from highs in 2000 ...