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emerging markets

On the COP27 Agenda: How Public Financing Can Help Developing Countries Make the Energy Transition

Gregor Macdonald
November 15, 2022

One reason the energy transition is hard is because the old systems need care and maintenance while the new systems are being born. Those challenges are even more pronounced for developing economies in Africa, Asia, and Latin America. In many of those emerging countries, transmission infrastructure, political uncertainty, and capital markets can be lacking, creating unique hurdles for development.

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finance

Follow The Money: How To Cut Through Infrastructure’s Worst Red Tape

David Nason GE Energy Financial Services President And CEO
April 10, 2017
AR is one of many tools GE is applying to fulfill its vision of the digital “Brilliant Factory.” Last week the company announced plans to train workers for the arrival of 3D printing, big data, robotics, digital and lean manufacturing, and other advanced technologies on the factory floor.
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finance

U.S. Regulators: GE Capital No Longer Systematically Important To The Financial System

June 29, 2016
GE Capital became the first financial institution to shed its designation as systematically important to the financial system. The U.S. Financial Stability Oversight Council (FSOC) removed the GE finance unit’s designation as a Systemically Important Financial Institution (SIFI) yesterday. The decision means the Federal Reserve will no longer regulate GE Capital as a nonbank SIFI.
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finance

GE Completes the Separation of Synchrony Financial

Kathryn Stanek
November 17, 2015
Today GE (NYSE:GE) completed the separation of Synchrony Financial (NYSE: SYF), the largest provider of private label credit cards in the United States[1]. Synchrony Financial has been a part of GE Capital for more than 80 years, helping consumers finance purchases from clothing to jewelry to RVs to furniture.
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finance

GE Will Sell its Commercial Lending and Leasing Units to Wells Fargo in the Largest Deal to Date

Kathryn Stanek
October 13, 2015
GE’s journey to exit the banking sector and transform itself into the world’s largest digital industrial company crossed a major milestone today when the company announced it signed an agreement to sell financial assets valued at $30 billion to Wells Fargo & Co.
This is the largest deal yet since last April, when GE said it would sell the majority of GE Capital’s holdings.
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Kati Suominen: Boosting Small Business Lending — Look to the U.K.

Kati Suominen
December 08, 2014
After a recent public consultation with the business community and financial services industry, the U.K. government has decided to enact a law that requires large lenders to share information with alternative and smaller lenders about small and mid-size enterprises (SMEs) whose credit applications have been rejected.
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