The company's acquisition of PayPal's U.S. consumer credit portfolio helped boost loan receivables by $11 billion, or 14%.
The retail giant is seeking $800 million in damages from its former private-label credit card partner.
General Electric's three core assets — power, aviation, and healthcare — may one day be up for grabs.
Is a new round of consumer credit losses on the way for financial institutions?
Earnings of 29 cents a share beat analysts' estimates but oil-related orders dropped sharply as customers continue to struggle with low oil prices.
The 'systemically important' designation and the perceived riskiness of its finance unit have GE contemplating more drastic cuts to its lending businesses.
In a 'split-off,' Brian Doubles takes retail finance arm public as Synchrony Financial.
