Sentence examples for consumer finance business from inspiring English sources
It has also sold smaller units, including other international insurance operations and a consumer finance business.
The consumer finance business in the United States continued to weigh on earnings, the bank said.
That helped lift earnings in Citigroup's consumer finance business nearly 40percentt.
It excludes 5 cents in charges from its former subprime mortgage unit and its Japanese consumer finance business.
Earnings fell 8percentt at the consumer finance business, partly a result of rising losses in Japan.
Mr. Parsons is succeeded by Mike Stout, who also remains chief investment officer at GE Capital's global consumer finance business.
Senate Democrats and Obama administration officials say nearly all nonfinancial businesses would be exempt from the new bureau's regulations, which would focus narrowly on consumer finance businesses.
GE Capital already has a sizable presence in life insurance and other consumer finance businesses in Japan, but so far has been only lightly involved in the leasing business.
"This puts us in the oil-card business, which is a very good margin business and very profitable," said Robert Lipp, who oversees Citigroup's consumer finance businesses and was recently named a director of the company.
