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United States. Before June 2, 2014, GE Capital Bank was made up of retail and commercial banks. 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.
In 1996, Life of Virginia was acquired by GE Capital. The company was incorporated as Genworth Financial, Inc. on October 23, 2003. In May 2004, it became a public company via an initial public offering. GE sold its remaining stake in the company in February 2006 for $2.8 billion.
30 Hudson Street in Jersey City, New Jersey, U.S. 222 Main, Salt Lake City, Utah, U.S. The Goldman Sachs Group, Inc. ( / sæks / SAKS) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many international ...
GE Capital is Administrative Agent on a $550 Million Credit Facility for Lord & Taylor NORWALK, Conn.--(BUSINESS WIRE)-- GE Capital, Corporate Retail Finance today announced it is administrative ...
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The sale was part of GE's strategic plan to exit the U.S. banking sector and to free itself from tightening banking regulations. GE also aimed to shed its status as a "systematically important financial institution". In September 2015, GE Capital agreed to sell its transportation-finance unit to Canada's Bank of Montreal. The unit sold had US$8 ...
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