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Home > Company Index > Financial Services > Investment Firms > General Electric Capital Corporation

General Electric Capital Corporation
 NEWS FROM THE STANDARD
GE Offers Concessions to EU on Honeywell Deal
Jun 10 2001 09:20 AM PDT

OnSite Access Files For Ch 11 Bankruptcy In Manhattan
May 18 2001 08:25 AM PDT

The Metamorphosis
Mar 26 2001 12:00 AM PST

Boeing HQ to Depart From Seattle
Mar 21 2001 01:35 PM PST

NBCi Shares Drop on 4th-Quarter Earnings Report
Feb 13 2001 03:22 PM PST

 PROFILE
If you need to finance it, charge it, or insure it, General Electric Capital can help. The General Electric subsidiary (it makes up about half of GE's sales) offers personal and business financing worldwide. Consumer Services (accounting for almost 40% of its revenues) include private-label credit cards and mortgages. Industrial financing activities include leasing, lending, and equipment sales and services. The firm's Equipment Management group handles such transportation equipment as aircraft, trailers, and auto fleets. It also sells life and auto insurance. GE Capital closed Montgomery Ward, its erstwhile struggling retailer, and plans to buy US-based Heller Financial.

 COMPETITION
The CIT Group, Inc. (dossier)
Citigroup Inc. (C)
Household International, Inc. (HI)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 66,177.00
1-Yr. Sales Growth: 42.0%
Employees: 90,000
Revenue per employee: $735,300.00

 KEY PEOPLE
• Denis J. Nayden
    CEO
• James A. Parke
    CFO

 CONTACT INFO
260 Long Ridge Rd.
Stamford, CT 06927
US
Phone: 203-357-4000
Fax: 203-357-6489
Online: Web Site

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