Low interest rates have prevented Wells Fargo and regional rivals from capitalising on their growing deposit base

Wells Fargo & Co, the largest US mortgage lender, has reported a drop in quarterly profit for the first time in five years as employee costs rise (...)

The move to sell GE Capital marks a significant break from the model inherited by General Electric chief executive Jeff Immelt. Photograph: Goh Seng Chong/Bloomberg

General Electric launched a radical plan to dispose of most of its financial services operations and return to its industrial roots, in one of the big(...)

Ms McMahon has previously held roles with GE Capital, MasterCard and Lombard Finance  Photograph: Alan Betson / The Irish Times

Ulster Bank has appointed Maeve McMahon as its first director of customer experience and products. She will report directly to chief executive Jim Bro(...)

Paypal’s lending programme could prove critical as the company spins off next year from parent eBay, to compete in an increasingly crowded payments-processing industry.  (Photograph: Alan Betson / THE IRISH TIMES)

PayPal is pushing to expand into the alternative lending market popularised by faster growing start-ups such as Lending Club, after already advancing(...)

GE’s third-quarter net income rose to $3.54 billion, or 35 cents per share, from $3.19 billion, or 31 cents per share, a year earlier

General Electric (GE)reported a slightly higher-than-expected quarterly profit on Friday, as cost cuts that helped boost margins across its industrial(...)

Milestone Aviation prospered on the trend towards more marginal locations in exploration industries.

It looks like Richard T Santulli has done it again. Some 30 years ago the US entrepreneur pioneered the concept of time-share or “fractional” leasing(...)

Paul Doddrell, CEO Pepper Ireland

Specialist loan portfolio and property manager Pepper Asset Servicing made a pre-tax profit of €4.3 million in its first full year of operation in Ir(...)

Karl Wall: “It’s greed – that’s what usually causes this stuff.”

Karl Wall must be a glutton for punishment. The Dubliner is leaving his role on the board of Nasdaq-quoted reinsurance and run-off specialist, (...)

The Irish arm of Australian financial group Pepper Asset Servicing made an operational profit of €1.2 million in the first three months after it took over a major portfolio of mortgages from GE Capital Woodchester Home Loans Ltd.

The Irish arm of Australian financial group Pepper Asset Servicing made an operational profit of €1.2 million in the first three months after it took (...)

  GE Money Bank expects to raise up to 1.05 billion Swiss francs from the share sale it said yesterday, in what will be Switzerland’s first flotation in a year. Photograph: Reuters/David W Cerny

General Electric’s flotation of its GE Money Bank is expected to value the Swiss consumer finance business at up to 1.53 billion Swiss francs, in a fu(...)