Strategy

A few facts on GE Capital

Earlier this week, we shared a long-term strategy to position GE Capital for growth by diversifying its funding and focusing on higher-returning business. BusinessWeek’s article this week on Capital and this plan merits clarification:

GE Capital: More focused, secure; positioned for future

Today we provided an operational and strategic update on GE Capital and how we are positioning the business for long-term growth. Here are the highlights:

GE Capital to webcast Dec. 2 investor meeting

GE Capital will webcast its business update meeting on Tuesday, December 2 at 8:30 am ET. GE Vice Chairman and Chief Financial Officer Keith Sherin and the GE Capital Leadership Team will host the meeting. They will review GE Capital’s strategic and operational plans to navigate the current environment and [...]

More answers for our readers

Thanks again for your questions. Please find the answers to the latest set of questions submitted to GE Reports.

GE Capital to host Dec. 2 investor meeting

We will be hosting a general business update on GE Capital via webcast on Dec. 2nd from 8:30am until 10:30am EST, including time for questions. GE CFO Keith Sherin and the GE Capital leadership team, including Mike Neal (CEO), Jeff Bornstein (CFO), Bill Cary (COO), Kathy Cassidy (Treasurer), and [...]

Immelt: We need competition not protectionism

In today’s special edition of The Economist, Jeff Immelt states in an opinion piece that “there’s a dangerous tendency to resort to protectionism when things get tough.” Rather than taking that easy route, Jeff argues, leaders must still work vigorously for competition and expanded, open markets.

GE is not seeking equity investments from SWFs

There have been a number of media stories today on GE’s ideas about creating new partnerships with sovereign wealth funds. Some of these articles inaccurately described our partnership plans as seeking equity investments from these funds. This is not true. We are not seeking any equity investment from any outside [...]