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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.
GE sold its remaining stake in the company in February 2006 for $2.8 billion. In June 2006, the company agreed to buy AssetMark Investment Services for $230 million. In 2007, another GE Capital insurance company, First Colony Life Insurance Company, merged with the company's life insurance division and became the surviving entity.
Synchrony Financial is an American consumer financial services company with its headquarters in Stamford, Connecticut, United States. 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.
The news that General Electric's (NYS: GE) financial section, GE Capital, is currently under consideration by the federal government for categorization as a systemic risk to the economy must have ...
GECAS ( GE Capital Aviation Services) was an Irish–American commercial aviation financing and leasing company. AerCap acquired the company from GE Capital on November 1, 2021. [1] GECAS was the largest commercial airline leasing/financing company in the world by number of aircraft. [2] The company offered many aviation finance services ...
Bank Prokredit was founded in 1912. In 1998, it came under the wing of GE Capital, which, the year before, had already acquired another Swiss consumer credit business, Bank Aufina, founded in 1953. It was not until 2006 that Prokredit, which had previously belonged to UBS, and Bank Aufina merged under the name GE Money Bank.
WMC Mortgage Corporation, also known as WMCor WMC Direct, was a Woodland Hills, Californiabased wholesale originator of subprimeresidential 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).
Interbanca S.p.A. was an Italian merchant bank that specializes in lending and financing transactions for medium-sized firms. Its headquarters are in Milan and it has 10 branches in major cities throughout Italy. Following a series of acquisitions in the Italian banking industry, Interbanca became a subsidiary of Banco Santander.
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