|
|
Article: Pros, Cons of Unplugging GE Capital from Its Parent.(Cards)(General Electric Capital Corp.)
- Article from:
- American Banker
- Article date:
- November 11, 2009
- Author:
CopyrightCOPYRIGHT 2009 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Harry Terris
Second Of Three Parts
General Electric Co. may not be forced to sever GE Capital, but the prospect of much tougher supervision of the latter could push the conglomerate away from financial services.
Under the Treasury Department's revised plan for regulatory reform, GE's entire $658 billion-asset finance arm would become part of the Federal Reserve Board's watch. That would be a big change from the relatively light touch that comes with oversight of GE Capital's $18 billion-asset thrift and $11 billion-asset industrial bank, both in Utah.
"Heightened prudential standards," like stricter capital and liquidity ...
Related newspaper, magazine, and journal articles:
|
|
Article: GE Capital Consulting Announces Promotion of John ...
PR Newswire;
June 23, 1997 ;
700+ words
... ... Minn., June 23 /PRNewswire/ -- GE Capital Consulting announced today the promotion ... for its St. Paul, Minn. office. GE Capital Consulting helps organizations improve ... D. Lovell, Jr., President of GE Capital Consulting. "We look forward to ...
|
|