X-Nico

2 unusual facts about GE Money


Foodstuffs

In August 2006 it was announced that after heavy losses Superbank would be shut down and have its portfolio sold to GE Money.

Mark Bouris

Wizard Home Loans was founded by Bouris in 1996 and was sold to GE Money in 2004 for $500 million.


Santander Group

In March 2008, Banco Santander sold Interbanca, a subsidiary of Banca Antonveneta, to GE Commercial Finance, receiving in return GE Money businesses in Germany, Finland and Austria, and GE's card and auto-financing businesses in the UK, which it integrated with Santander Consumer Finance.


see also