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Do-It-All Era Ending as G.E. Returns to Core

New York Times Original article ›

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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

The Humbling of Big Finance

Wall Street Journal 04/13/2015


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