What happened to GE finance?

The company’s stock fell 42% during the year, and after Welch’s departure, it became clear that GE was overstretched and bloated. Losses by the GE Capital financial segment nearly sank the company during the Great Recession.

What happened to GE financial?

GE’s slide began during the Great Recession, where the financial crisis revealed it to be overstretched and bloated. Some recovery began in 2018-19, though the COVID-19 crisis hit GE hard in 2020. In 2021, the conglomerate announced plans to split into three companies—aviation, health care, and energy business.

How do I contact GE Capital by email?

Physical mail may be delayed. Please use the electronic contact format. Alternatively, you may send written correspondence to: GE Capital, PO Box 4586, New York, NY 10163-4586. GE Capital would like to contact you occasionally by email to let you know about our latest news, events and products & services.

Is GE Capital part of GE?

We’re GE Capital GE Capital is the financial services division of GE, focused on serving customers and markets aligned with GE’s industrial businesses. From emerging markets to developed economies, our focused team of finance experts connect capital to infrastructure and deliver innovative financial solutions that help make the world work better.

Where can I find more information about Ge for investors?

GE’s Investor Relations website at www.ge.com/investor-relations and our corporate blog at www.gereports.com, as well as GE’s social media accounts, contain a significant amount of information about GE, including financial and other information for investors. GE encourages investors to visit these websites from time to time,…

Which GE Capital businesses are no longer sourcing new business?

For inquiries relating to new business for other GE Capital businesses, such as Corporate Finance, Equipment Finance, Fleet, Franchise Finance, Real Estate, or Vendor Finance, please be advised those entities are no longer sourcing new business.