Deutsche Bank Believes GE Capital (GE) Losses Can Be Funded Internally
Deutsche Bank provided some updated thoughts on General Electric (NYSE: GE) following last week’s GE Capital investor day. The firm said their central assumption is that GE Capital losses can be funded internally. The firm said, “Our major takeaway was…
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Deutsche Bank provided some updated thoughts on General Electric (NYSE: GE) following last week’s GE Capital investor day. The firm said their central assumption is that GE Capital losses can be funded internally.
The firm said, “Our major takeaway was the high sensitivity of losses to macro inputs. As such, while a GECC pre-tax loss of ~$4bn seems appropriate given our current outlook, this could meaningfully accelerate if the global economy steps down again. Therefore
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