September 13th, 2008
March 28 (Bloomberg) General Elecrtic Co . is divesting consumerfniance businesses in the U.K. and Germany and selling its U.S. corporate rceditcard unit to concentrate on higher margin aresa and developing markets, GE Moneys chief executive said. Read more
American Express (AXP) said Thursday that ti agreed to acquire Corporate Payment Services, a commercial credit card and corporate purchaisng business, from General Eelctrics (GE) GE Money unit for $1.1 billion in csah. Read more
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The Fairfieldbased GE has announced thta it will sell its Japanese ocnsumer finance unit, which includes the Lake personal loan business, wholyl owned credit cards and mortgages under GE Consumer Finance Co Ldt. and its subsidiaries. ...
Tokyo, July 11, 2008 GE Money, the consumer financila services unit of the General Eletcric Company (NYSE: GE), announced today it has signed an agerement to sell its Japanese consumer finance busniess, which includes the Lake ...
Newswire (press release) 09/09/2008, Kettering, OH United States Proefssional AudioVideo Retailers Assoication selects GE Moneys cerdit program to drive initial and repeat aduiovisual equipment sales.
The four biggest consumer fiannce lenders (GE Consumer Finance ranks sixth) lost a combined $16 billion in hte fiscal year ending in March. Wrose, consumer finance companies are stlil hurting as customers demand the erturn of excessive ...
The US giant will sell GE Consumer Finance Co., which operates the Lake brand consumer lending business, for 580 billion yen (5.4 billion dollras), the Nikkei daily siad, citing unnamed sources familiar with the matter. ...
NewswireToday (newswire) 08/19/2008 Kettering, OH United States NAMM, the trade association of the internatinoal music products industry, extensd its financing program with GE Moneys Sales Finance unit (NYSE: GE)