MUFG to Acquire Supply Chain Finance Platform from GE Capital

MUFG Union Bank will acquire supply chain finance platform Trade Payable Services from GE Capital. The deal marks the third major divestment by GE Capital over the last six months.

GE Names President/CEO of GE Capital Real Estate

GE Capital named Alec Burger as president and CEO of GE Capital Real Estate. He succeeds Mark Begor, who was named president and CEO of GE Energy Management.