API Capital News Updates

Business, Technology

GE Capital Transportation Finance Business Sold to BMO Financial Group

GE Capital Corp. has agreed to sell its transportation finance business in the United States and Canada valued at $8.7 billion to BMO Financial Group and its Chicago-based subsidiary BMO Harris Bank. The price was not disclosed.

September 11, 2015
Business, Technology

GE to Sell GE Capital Assets

General Electric Co. said it will sell most of its GE Capital assets in the next two years and focus on its traditional industrial and manufacturing businesses.

April 13, 2015