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GE Capital Rail Services was sold to First Union Rail, a subsidiary of Wells Fargo, and Marmon Group [14] [15] GE Capital Bank was sold to Goldman Sachs. [16] GE Healthcare Finance Services was sold to Capital One. [17] GE Capital Equity was sold to Ardian. [18] GE Capital Transportation Finance was sold to BMO Financial Group. [19]
List of all domestic systemically important banks in the US [27] Subsidiary of Bank of Montreal. Formerly Harris Financial Corp. Failed the stress test in 2012, and consequently sold its banking unit to GE Capital [28] [29] and its mortgage servicing business to JPMorgan Chase.
Ally Financial Inc. (previously known as GMAC) is a bank holding company organized in Delaware and headquartered at Ally Detroit Center in Detroit, Michigan.The company provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and other related financing services such as installment sale and lease agreements.
December 18, 2023 at 7:31 AM. By Saeed Azhar and Lananh Nguyen. NEW YORK (Reuters) -Four years after Goldman Sachs introduced a credit card with Apple, the Wall Street giant faces a costly exit ...
Goldman Sachs is on the cusp of clinching a deal to buy General Motors Co.'s credit-card business for about $2.5 billion, in a move that would boost its consumer banking presence, the Wall Street ...
Goldman Sachs Group (NYSE: GS) is acquiring the credit card business of General Motors Co (NYSE: GM) for $2.5 billion, the Wall Street Journal reported Thursday.What Happened: The banking giant ...
The finance company reportedly wants out of the consumer lending business. Goldman Sachs, Apple's banking partner for its credit card and high-yield savings account, is seemingly having doubts ...
Capital One Financial Corporation is an American bank holding company founded on July 21, 1994 and specializing in credit cards, auto loans, banking, and savings accounts, headquartered in Tysons, Virginia with operations primarily in the United States. [ 2] It is the 12th largest bank in the United States by total assets as of December 31 ...