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GE CEO Notes Banking Arm’s Weak Returns
Keywords:
GE (General Electric) in the global financial crisis of 2008 with its share price down to $6.00 and overexpansion at GE Capital
03/07/2009
Grouped Articles
New York Times 03/07/2009
GE Is in Talks to Buy Alstom's Energy Business
Wall Street Journal 04/25/2014
GE Weighs Deeper Cuts in Banking Arm
Wall Street Journal 03/13/2015
Investor Group to Buy GE Capital’s Australia, New Zealand Consumer-Lending Unit
Wall Street Journal 03/16/2015
GE CEO Notes Banking Arm’s Weak Returns
Wall Street Journal 03/17/2015
GE Seeks Exit from Banking Business
Wall Street Journal 04/10/2015
GE (General Electric) plans to acquire Alstom's energy business to reduce dependence on GE Capital for earnings
04/25/2014
Shareholders are pressuring GE to reduce its dependence on GE Capital for earnings since the days of the 2008 financial crisis. The move to acquire Alstom's energy unit helps GE accomplish this.
Grouped Articles
GE Is in Talks to Buy Alstom's Energy Business
Wall Street Journal 04/25/2014
France's Hollande Meets With GE, Siemens Chiefs About Alstom
Wall Street Journal 04/28/2014
Stakes High for GE's Immelt in Alstom Fray
Wall Street Journal 04/28/2014
GE Heads to Paris to Save Alstom Deal
Wall Street Journal 05/16/2014
GE-Alstom Deal: French Fear Losing Control of Nuclear Assets
Wall Street Journal 06/14/2014
France Lifts Hurdle to GE-Alstom Deal
Wall Street Journal 06/24/2014
GE Capital (General Electric)
03/07/2009
Grouped Articles
GE to Exit Retail Lending, Tightening Focus on Industrial Businesses
Wall Street Journal 11/17/2013
New York Times 03/07/2009
GE Is in Talks to Buy Alstom's Energy Business
Wall Street Journal 04/25/2014
GE Weighs Deeper Cuts in Banking Arm
Wall Street Journal 03/13/2015
Investor Group to Buy GE Capital’s Australia, New Zealand Consumer-Lending Unit
Wall Street Journal 03/16/2015
GE CEO Notes Banking Arm’s Weak Returns
Wall Street Journal 03/17/2015
GE (General Electric) plans for GE Capital in 2015- getting out of the banking business
03/13/2015
GE CEO said Immelt said following GE's experience in the banking business during the 2008 financial crisis when its share price dropped to $6, that this is one he "had'nt got right." Moves in 2014 and 2015 including the acquisition of Alstom's business was designed to bring his legacy at General Electric to end on the right note, as one who focussed on GE's historic strengths, and getting out of banking.
Grouped Articles
GE Weighs Deeper Cuts in Banking Arm
Wall Street Journal 03/13/2015
Investor Group to Buy GE Capital’s Australia, New Zealand Consumer-Lending Unit
Wall Street Journal 03/16/2015
GE CEO Notes Banking Arm’s Weak Returns
Wall Street Journal 03/17/2015
GE Seeks Exit from Banking Business
Wall Street Journal 04/10/2015
Do-It-All Era Ending as G.E. Returns to Core
New York Times 04/10/2015
The Lessons for Finance in the GE Capital Retreat
New York Times 04/10/2015
GE (General Electric) plans to sell the GE Capital unit for Australia and New Zealand to private equity for $6.3 billion
03/16/2015
Grouped Articles
Investor Group to Buy GE Capital’s Australia, New Zealand Consumer-Lending Unit
Wall Street Journal 03/16/2015
GE CEO Notes Banking Arm’s Weak Returns
Wall Street Journal 03/17/2015
GE Seeks Exit from Banking Business
Wall Street Journal 04/10/2015
Do-It-All Era Ending as G.E. Returns to Core
New York Times 04/10/2015
The Lessons for Finance in the GE Capital Retreat
New York Times 04/10/2015
Wall Street Journal 04/13/2015
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