General Electric unit GE Capital announced Tuesday that it had acquired the retail finance portfolios from Citigroup’s Retail Partner Cards. Financial terms of the deal were not disclosed, but GE Capital expects it will immediately add to earnings.
Continue reading GE Capital Buys Citigroup’s Retail Loans
GE Capital Buys Citigroup’s Retail Loans originally appeared on DailyFinance on Wed, 06 Oct 2010 10:10:00.
Filed Under: Company News, General Electric , Citigroup, Credit, Stocks in the News