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GE Money Bank (formerly GE Capital Bank) was a significant institution in the Czech Republic. It was founded in 1997, after the acquisition of Agrobanka bank as GE Capital Bank. In the year 2000, it changed the name to GE Money Bank. It went through an IPO in 2016 and operates under the new name of Moneta Money Bank.
1010 (2022) [1] Website. www.cembra.ch. Cembra Money Bank AG is a Swiss credit institution headquartered in Zurich-Altstetten. [2] Cembra operated under the name GE Money Bank until its IPO in early November 2013 and was part of the General Electric Group. Since November 2013, the credit institution has been listed on the Swiss stock exchange.
WMC Mortgage Corporation, also known as WMC or WMC Direct, was a Woodland Hills, California based wholesale originator of subprime residential mortgages. The company was founded in 1955 as Pacific Western Mortgage Company. It went through several mergers and became known as Weyerhaeuser Mortgage Company (owned by Weyerhaeuser).
In June 2014, Santander bought GE Money Bank, GE Capital's consumer finance business in Sweden, Norway and Denmark, for €700 million (US$950 million). [30] In September 2014, it was announced that Santander was in talks to merge its asset management unit with that of Unicredit to create a European firm worth €350 billion in assets. [31]
The company was incorporated as Genworth Financial, Inc. on October 23, 2003. [4] In May 2004, it became a public company via an initial public offering. [7][8][9][10] GE sold its remaining stake in the company in February 2006 for $2.8 billion. [11][12][13] In June 2006, the company agreed to buy AssetMark Investment Services for $230 million.
Britannia, now part of the Co-operative Bank; Cheltenham & Gloucester, savings and branch network now TSB Bank; mortgage and loans books part of Lloyds Bank; Northern Rock, savings and branch network now Virgin Money; mortgage and loans books nationalised by HM Government; The Woolwich, now part of Barclays Bank
Bank BPH ( B ank P rzemysłowo- H andlowy) was a Polish universal bank . Until 2008, it was majority owned by UniCredit. In 2008, GE Money Bank took over 89% of shares and on 31 December 2009, Bank BPH merged with GE Money Bank Polska. At its peak, the bank employed over 10,000 people. In October 2014, the bank's owner, General Electric ...
As of 1 July 2009, GE Money Bank GmbH in Hanover, which was acquired in November 2008, was merged with the Santander Consumer Bank AG. In July 2010 it was announced that the German private customer business of SEB will be sold to Banco Santander. [6] The purchase price for the 173 SEB branches amounted to €555 million.
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