DANBURY, Conn.--(BUSINESS WIRE)--Oct. 26, 2004--GE Commercial Finance, the business-to-business financial services unit of the General Electric Company (NYSE: GE), announced today it has reached an agreement to acquire the IT leasing business of Bay4 Capital, LLC -- an independent information technology lessor. The agreement is expected to close in the fourth quarter of 2004.
STAMFORD, Conn.--(BUSINESS WIRE)--Oct. 14, 2004--GE Consumer Finance-Americas announced today it has established the Specialty Retail Group to support the unique financing and marketing needs of growing, mid-size retailers.
The new business unit is part of GE Consumer Finance's Retail Consumer Finance division, which provides retail credit card services to major retailers in the United States and Canada.
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STAMFORD, Conn.--(BUSINESS WIRE)--Oct. 5, 2004--GE Consumer Finance, one of the world's leading consumer lenders, today announced it has signed a multi-year agreement to extend its retail credit card program with The Men's Wearhouse, a leading men's apparel retailer in the United States.
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KANSAS CITY, Mo.--Sept. 17, 2004--GE Insurance Solutions (NYSE:GE) is proud to present the 2004 UNCF Stepping Back in Time for Education Walk-a-Thon in Kansas City on Saturday, September 18.
This year, the company will put ten teams of employees on the streets, walking and raising money for the United Negro College Fund. They'll be joined by employees of GE Energy, GE Transportation and GE Commercial Finance as GE strives to reach a goal of $200,000. Volunteers will walk 3.2 miles in the beautiful and historic 18th & Vine Jazz District.
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KANSAS CITY, Mo.--Sept. 14, 2004--GE Insurance Solutions (NYSE:GE) today announced the appointment of Al Rudel to Senior Underwriter in its Specialty Lines Reinsurance Marine and Energy Divisions. Rudel will be responsible for marine and energy reinsurance business written in the U.S.
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MONTE CARLO, Monaco--Sept. 13, 2004--Rising threat of torts,
financial security and solvency emerge as key issues in a survey
commissioned by The Insurance Leadership Institute of GE Insurance
Solutions (NYSE: GE) and independently conducted by Tillinghast.
Commenting on the report titled Facing the Future: Challenges for European P&C Insurers, Ron Pressman, Chairman, President and CEO of GE Insurance Solutions, said: This survey helps bring some clarity to the discussion of European market issues.