705-1512-01 GE gas turbine control I/O module

Description

705-1512-01 GE gas turbine control I/O module

705-1512-01 GE gas turbine control I/O module

The currently struggling European banks are reducing expenses, which provides opportunities for other financial institutions to expand their business in Europe. In this context, General Electric Co. is committed to expanding its loan business in Europe, including potential mergers and acquisitions.
General Electric Capital, a subsidiary of General Electric, is targeting the UK, France, and Italy as target markets for expanding its loan business, which has previously been established by General Electric Capital. It is reported that General Electric Capital plans to add hundreds of employees to its sales team within the next two years. In addition, General Electric Capital will look for businesses that European banks may spin off.
Mike Neal, CEO of General Electric Capital, said: “Currently, European banks are facing many problems and they have to ‘slim down’. I believe the current market situation in Europe should be more favorable for us or others interested in European loan business.” Mike’s speech indicates that General Electric Capital is looking for opportunities to expand its business.

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