First Tennessee Bank is expanding its focus on businesses with specialized banking needs by hiring bankers with extensive experience in four areas: franchise finance, healthcare finance, music industry banking and structured equipment finance. By...
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October 19, 2016, 07:56 AM
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Monroe Capital LLC announced Steve Hinrichs has joined the firm as Managing Director in its Los Angeles office. Hinrichs will serve as the firm’s Group Head for the Southern California region.“We are very excited to add Steve to the Monroe Capital...
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June 29, 2016, 08:03 AM
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GE announced that it has completed more than $100 billion in previously announced portfolio and business unit sales as part of its strategy to significantly reduce the size of GE Capital and apply for de-designation as a systemically important...
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December 10, 2015, 08:13 AM
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Related: Ge Capital, General Electric Capital, General Electric Company, MexicoGE has signed an agreement to sell its equipment lending and leasing business in Mexico to Linzor Capital Partners, a leading pan-regional private equity firm that focuses...
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December 07, 2015, 08:17 AM
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Bloomberg reported General Electric beat analysts’ third-quarter earnings estimates, buoyed by gains in the aviation and transportation units. However, sales fell short of projections. According to the Bloomberg report, GE’s oil and gas revenue...
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October 16, 2015, 07:23 AM
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GE announced that it has reached an agreement to sell $8.5 billion of healthcare-related loans and its Healthcare Financial Services (HFS) U.S. lending business to Capital One for approximately $9 billion. Separately, GE has signed an agreement with...
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August 12, 2015, 08:00 AM
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Reuters reported that General Electric is in early-stage talks with Wells Fargo & Co about selling its entire $74 billion U.S. commercial lending and leasing (CLL) portfolio to the bank, according to a source familiar with the situation.According to...
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April 21, 2015, 07:06 AM
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Bloomberg reported General Electric has held talks with “a broad geographic spectrum” of sovereign wealth funds as part of the effort to sell the bulk of its lending business, Chief Financial Officer Jeff Bornstein said.According to the Bloomberg...
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April 20, 2015, 07:40 AM
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Bloomberg reported General Electric Co. (GE) Chief Financial Officer Keith Sherin will take over as head of GE Capital as soon as this summer, according to a Wall Street Journal report. According to the report, Mike Neal plans to step down as GE...
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June 10, 2013, 07:45 AM
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GE announced today third-quarter 2012 Operating Earnings of $3.8 billion, or $0.36 per share, up 10% and 50% respectively from the third quarter of 2011. Excluding the effects of the third-quarter 2011 preferred stock redemption, operating earnings...
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October 19, 2012, 08:00 AM
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