GE Capital

GE Capital Exits Trade Finance With MUFG Acquisition
GE Capital Exits Trade Finance With MUFG Acquisition
January 17, 2019  |  B2B Payments

General Electric‘s divestiture of GE Capital assets continues as MUFG Union Bank announced plans to acquire GE Capital’s Trade Payable Services (TPS) operations. In an...

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GE’s Financing Arm Now Not ‘Too Big to Fail’
GE’s Financing Arm Now Not ‘Too Big to Fail’
June 30, 2016  |  Payment Methods

Not all that long ago GE and Finance seemed a tenuous partnership, as a drastic restructuring in the wake of the financial crisis brought risk...

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Shake The PYMNTS Magic 8 Ball
Shake The PYMNTS Magic 8 Ball
April 25, 2015  |  Controversial

While you might have missed it, this week the finest tool designed by man to predict the future made its triumphant return to the market...

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GE Sets Timetable To Get Out Of Banking Business
GE Sets Timetable To Get Out Of Banking Business
April 13, 2015  |  News

GE Capital will sell off about $275 billion in assets over the next two years in an effort to get rid of its designation as...

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GE May Cut Commercial Lending
GE May Cut Commercial Lending
March 12, 2015  |  News

General Electric now considers most of its banking operations to be something it would be better off without, and wants to unload them on a...

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