GE Capital Bank was founded in 1994. The CEO is Keith Sherin. The headquarters is in Norwalk, Connecticut, but has a global clientele that includes 55 countries. GE Capital is a leasing and lending source for businesses. It also funded healthcare, real estate, aviation, and media projects. GE has sold $16 billion to Goldman Sachs Bank (GS Bank). These assets are just the deposits of GE. What was a lending and loan company to small and medium industrial businesses, is now developing into a major contributor to new industrial ideas and products. Due to the recent sale, there is a GS portfolio that consists of the deposit platform, and the GE portfolio that consists of the industrial platform.
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