Irish arm of former aircraft lessor GE Capital posts €1.4bn profit
Company was taken over by AerCap last year
Company was taken over by AerCap last year
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Irish-based group’s purchase will create fleet of 2,000 planes and 300 helicopters
Transaction represents another ‘hugely positive milestone’ for lender, says chief
Company saw big increase in business after taking on loan books from Irish banks
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‘Neutron Jack’ built company into one of the biggest in the world
Company led by Fergal McGrath sees interest income from its buy-to-let business grow
GE is also offering to buy out about 100,000 former employees who are members of the scheme and yet to start collecting their pensions
Firm reports profits in excess of €16m for 2018 which is up from €5.6m a year earlier
Building in Dublin’s central business district could accommodate mews to rear
Employment rose four-fold from 2007 to 2016, with orders for over 17,000 new aircraft planned
Landmark moment for firm that was once largest borrower in market
Securities backed by mortgages originated by GE Capital and Leeds Building Society
Purchase marks buy-to-let specialist’s fourth loan portfolio acquisition to date
Company grapples with lingering problems in a legacy insurance business
Fairfield backs Irish investors to buy Meath hotel from Cusack group
Ireland’s 15 mortgage lenders have had to respond to the Central Bank. Some have been more upfront than others
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Australian non-bank lender is being bought by US private equity firm KKR
Des O’Shea tipped to bring ‘in-depth knowledge’ of the Irish market to the role
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C919 is seen as a powerful symbol of China’s global ambitions in the aviation market
Pepper bought GE portfolio at discount in 2012 in Goldman Sachs-backed deal
Support group fears funds set to move on distressed borrowers in wave of repossession
Firm was in discussions about purchasing former GE loans
Three sites in Hollystown, Rathfarnham and Portmarnock have permission for 874 homes
Acasta Enterprises commits to putting $100 million into Stellwagen investment vehicle
Portfolio stems from subprime portfolio GE Capital sold at height of financial crisis
Geraldine and Martin Grant say registrar failed to consider if mortgage contract fair
Three-storey building on Golden Lane could be extended or replaced with larger building
Mortgage provider’s profits fall to €6.3m after nearly doubling its workforce last year
Senior debt will be secured on seven aircraft
Government reverses decision as group poses potential threat to financial stability
GE suggests it could pursue proposal backed by Trian that revealed 1% stake in company
Company accelerated efforts to shrink its GE Capital finance unit
Pepper in dispute with Revenue over use of losses to cut tax bill
D2 co-founder trained as an accountant, beginning her career with KPMG in 1992
Sale is largest for GE since sale of $26.5bn in assets to Blackstone and Wells Fargo in April
For most of us, the answer to the future will be in knowing how to ask the right kinds of questions
US mortgage lender sees margins under pressure from low interest rates
US conglomerate to spin off GE Capital in attempt to improve investor returns
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