Search results
Austria's GE Money (formerly GE Capital Bank) was founded in 1994 after the successful acquisition and merger of Mercurbank and AVABANK. Today, it is one of Austria's leading consumer and auto finance businesses and a market leader in retail sales financing.
2 kwi 2024 · No longer. With Tuesday’s split into two companies, the break up of the once mighty industrial icon is complete. The company was founded by Thomas Edison in 1892 and built into the world’s...
28 kwi 2024 · Growing out of one of the first electric companies under Thomas Edison in the late 19th century into a Jack Welch-led multinational, buying up RCA (and with it, the NBC television network), and...
30 sty 2019 · Amid the worst recession since the Great Depression, GE receives $139 billion in government loan guarantees to shore up its capital arm and raises $15 billion through an emergency stock sale,...
12 lut 2013 · Under Immelt, GE Capital plowed into commercial real estate near the top of the market. And it bought WMC Mortgage, a subprime lender, in the midst of the mortgage crisis.
14 cze 2021 · Its share price has fallen precipitously. In 2018, GE was dropped from the Dow Jones Industrial Average after more than a century in the index. GE’s fall is not the result of innovators developing a better jet engine or wind turbine. It’s also not a case of outright fraud, like Enron.
21 mar 2024 · Culp managed to pay down more than $100 billion, dismantle GE Capital and, in 2021, announce that GE—the quintessential American conglomerate—was breaking up. Today, GE’s stock is near a...
