GE Capital: Which way after Wendt?

Peter Lee
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The chiefs at GE Capital Services attribute their success to not behaving like bankers. Their approach ­ moving from financial services into related businesses ­ has amassed assets of $255 billion and contributes 40% of parent GE's income. But driving force Gary Wendt has just retired and along with him goes ­ or so it seems ­ his strategy of growth by acquisitions. Where next for his creation?