GE Capital

E670624

GE Capital was the financial services division of General Electric, providing commercial lending, leasing, and other financial products globally before being largely wound down after the 2008 financial crisis.

All labels observed (4)

Label Occurrences
GE Capital canonical 2
GE Commercial Finance 1
GE Money 1

How this entity was disambiguated

Statements (51)

Predicate Object
instanceOf aircraft leasing company ⓘ
financial services company division ⓘ
subsidiary ⓘ
businessModel wholesale-funded financial institution ⓘ
contributedTo volatility in General Electric earnings after 2008 ⓘ
country United States ⓘ
foundedBy General Electric ⓘ
hasDivision GE Capital Aviation Services ⓘ
GE Commercial Finance ⓘ
linked to: GE Capital

GE Money ⓘ
linked to: GE Capital

GE Real Estate ⓘ
headquartersLocation Norwalk, Connecticut ⓘ
linked to: Norwalk

Stamford, Connecticut ⓘ
industry commercial finance ⓘ
commercial lending ⓘ
consumer finance ⓘ
financial services ⓘ
insurance ⓘ
leasing ⓘ
real estate finance ⓘ
notableRisk exposure to real estate and structured finance ⓘ
reliance on short-term funding markets ⓘ
ownedBy General Electric ⓘ
parentCompany GE Capital ⓘ
General Electric ⓘ
partOf General Electric ⓘ
peakAssets over US$500 billion ⓘ
reasonForWindingDown regulatory and capital requirements for large financial institutions ⓘ
strategic decision by General Electric to focus on industrial core ⓘ
regulatoryStatus designated systemically important financial institution in the United States ⓘ
service aircraft leasing ⓘ
commercial lending ⓘ
commercial real estate lending ⓘ
consumer credit ⓘ
corporate finance ⓘ
energy finance ⓘ
equipment leasing ⓘ
fleet management ⓘ
healthcare finance ⓘ
mortgage lending ⓘ
serviceArea global ⓘ
significantEvent played major role in General Electric profits before 2008 financial crisis ⓘ
subject to increased regulatory scrutiny after 2008 ⓘ
suffered heavy losses during 2008 financial crisis ⓘ
soldBusiness European consumer finance units ⓘ
GE Capital Aviation Services to AerCap ⓘ
U.S. online bank Synchrony Financial via IPO and split-off ⓘ
various real estate portfolios ⓘ
status largely wound down by early 2020s ⓘ
windingDown began major asset sales and shrinkage after 2008 financial crisis ⓘ
strategic exit from most banking and consumer finance operations in the 2010s ⓘ

How these facts were elicited

Referenced by (5)

Full triples — surface form annotated when it differs from this entity's canonical label.

Rishad Premji → employer → GE Capital ⓘ
Kidder, Peabody & Co. → parentCompany → General Electric Capital Corporation ⓘ
linked to: GE Capital
GE Capital → hasDivision → GE Commercial Finance ⓘ
linked to: GE Capital
GE Capital → hasDivision → GE Money ⓘ
linked to: GE Capital
GE Capital Aviation Services → parentCompany → GE Capital ⓘ
subject linked to: GE Capital