GE Consumer Finance (GECF) has completed a succession of deals in the cards arena, agreeing last month (December 2004) to buy the assets of private-label credit card issuing bank Dillard National Bank for $1.25 billion and the retail card receivables of US retailer Target Corporation’s Mervyn’s business unit for $475 million, and entering talks to […]
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An open letter to HSBC, Knight Vinke and Stephen Green
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