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  1. Founded1932
    HeadquartersNorwalk, Connecticut · United States
    Key peopleAlec Burger (chairman and CEO)
  1. WEBGE Capital is the financial services division of GE, focused on serving customers and markets aligned with GEโ€™s industrial businesses. From emerging markets to developed economies, our focused team of finance โ€ฆ

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  2. General Electric, once Americaโ€™s iconic everything company, has

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    GE Capital was the financial services division of General Electric. Its various units were sold between 2013 and 2021, including the notable spin-off of the North American consumer finance division as Synchrony Financial.
    en.wikipedia.org
    At closing, the remainder of GE Capital, including Energy Financial Services (EFS) and the companyโ€™s run-off insurance operations, will transition to GE Corporate. This means GE will report industrial-only financials and move from three-column to simpler one-column financial statement reporting.
    The company was founded in 1988 and is based in Draper, Utah. GE Capital Retail Bank provided retail banking and credit services to consumers in the United States and internationally. It offered retail sales finance, such as private label credit card programs, installment lending, bankcards, and financial services for consumers.
    en.wikipedia.org
    On July 8, 2013, the Financial Stability Oversight Council designated GE Capital as a "systemically important financial institution", which makes it subject to oversight by the Federal Reserve. In 2014, GE Capital had 35,000+ employees worldwide, operating in more than 40 countries, with total assets of US$499 billion.
    en.wikipedia.org
  4. WEBNov 10, 2021 · Welch transformed GE Capital, a division originally focused on helping clients finance purchases of its aircraft engines and power โ€ฆ

  5. WEBApr 28, 2024 · 2020: COVID-19 Impact. The arrival of the pandemic cut short the rebound in GE's share price. On May 15, 2020, the stock fell to $43.92, a 28-year low. GE's aviation unit was especially hit hard ...