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News Stories (3 Results) - SIFI

GE announced that it has received approval of its request to the Financial Stability Oversight Council (FSOC) for rescission of GE Capital’s designation as a nonbank Systemically Important Financial Institution (SIFI).The FSOC’s decision reflects the... Read Story
June 30, 2016, 07:37 AM


GE announced on April 1, 2016 that it has completed the previously announced sale of its commercial lending and leasing business in Japan, including Capital Finance, Fleet Services and Vendor Finance, to Sumitomo Mitsui Finance and Leasing Company... Read Story
April 04, 2016, 07:49 AM


GE continues to quickly and successfully execute the transformation of GE Capital into a smaller, more focused financial services firm. Today, GE filed its request to the Financial Stability Oversight Council (FSOC) for rescission of GE Capital’s... Read Story
March 31, 2016, 08:09 AM