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GE Capital was the financial services division of General Electric. [1] Its various units were sold between 2013 and 2021, including the notable spin-off of the North American consumer finance division as Synchrony Financial. Ultimately, only one division of the company remained, GE Energy Financial Services, which was transferred to GE Vernova when General Electric was broken up.
Synchrony Financial is an American consumer financial services company with its headquarters in Stamford, Connecticut, United States. [2] The company offers consumer financing products, including credit, promotional financing and loyalty programs, installment lending to industries, and FDIC -insured consumer savings products, through Synchrony Bank, its wholly owned online bank subsidiary. [4] [8]
General Electric Company ( GE) was an American multinational conglomerate founded in 1892, incorporated in the state of New York and headquartered in Boston. The company had several divisions, including aerospace, energy, healthcare, and finance.
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Since as early as 2007, GE has been working to shrink its GE Capital unit. After being relatively unsuccessful in that effort after six years, GE CEO Is GE's Credit Card Business "Too Big to Sell"?
GE Capital Retail Bank Extends Credit Card Program with jcpenney Multi-year extension of program that began in 1999, providing credit, convenience, security and value to millions of consumers in ...
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GE Capital is Agent on $200 Million Asset-Based Credit Facility for Furniture Brands International, Inc. NORWALK, Conn.--(BUSINESS WIRE)-- GE Capital, Corporate Finance today announced it is ...