GE Capital Asia shuts down structured finance unit

Shruti Chaturvedi

March 19, 2015 12:00 pm

FILE - In this Dec. 2, 2008 file photo, a General Electric (GE) sign is displayed at Western Appliance store in Mountain View, Calif. GE Capital said Friday, Dec. 24, 2010 it will sell a Mexican consumer mortgage business that includes a $2 billion loan portfolio to Grupo Financiero Santander Mexico. The lending unit of Fairfield, Conn.-based General Electric Co. will receive about $170 million, according to a company official who wasn't authorized to talk about the deal. (AP Photo/Paul Sakuma, File) | Paul Sakuma/ASSOCIATED PRESS

GE Capital is understood to be winding up its structured finance operation for Asia as it rethinks its broader presence in the region. It has had a steady stream of departures since late 2014.

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GE Capital Asia shuts down structured finance unit

GE Capital is understood to be winding up its structured finance operation for Asia as it rethinks its broader presence in the region. It has had a steady stream of departures since late 2014.

Unlock this article.

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