GE plans to sell most of its GE Capital assets by 2018.  According to GE Chairman and CEO Jeff Immelt, GE’s industrial businesses will generate at least 90 percent of GE’s operating earnings by 2018,  up from 58 percent in 2014.

In a GE Reports story, Immelt said market conditions are favorable to pursue the sale of GE Capital assets over the next two years, but GE will keep the financing “verticals” that are specifically tied to its industrial units.  GE will retain its “vertical” financing businesses - GE Capital Aviation Services, Energy Financial Services and Healthcare Equipment Finance – which directly relate to its core industrial businesses.

The report says the assets planned for disposition are the bulk of GE Capital Real Estate, most of the commercial lending and leasing segment, and all consumer platforms, including all U.S. and international banking assets. These businesses represent roughly $200 billion in ending net investment.

To read more, go to http://www.gereports.com/post/116017450895/ge-to-sell-most-ge-capital-assets-embrace-its