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Synchrony Financial is an American consumer financial services company with its headquarters in Stamford, Connecticut, United States. [2] The company offers consumer financing products, including credit, promotional financing and loyalty programs, installment lending to industries, and FDIC-insured consumer savings products, through Synchrony Bank, its wholly owned online bank subsidiary.
Discover Financial Services. Discover Financial Services is an American financial services company that owns and operates Discover Bank, an online bank that offers checking and savings accounts, personal loans, home equity loans, student loans and credit cards. It also owns and operates the Discover and Pulse networks, and owns Diners Club ...
Margaret Keane (born 1959) was the chief executive officer of Synchrony from February 2014 through April 2021. She transitioned to the role of executive chair of Synchrony’s board of directors. Brian Doubles, formerly Synchrony’s president, became chief executive officer. [1] When Synchrony was spun off from General Electric as an ...
Last month's announcement that Capital One Financial will acquire Discover Financial for $35.3 billion was major news in the banking industry because it represents the biggest-ever deal in the ...
NEW YORK/WASHINGTON (Reuters) -Warren Buffett-backed U.S. consumer bank Capital One plans to acquire U.S. credit card issuer Discover Financial Services in an all-stock transaction valued at $35.3 ...
Today, Synchrony reported strong second-quarter results including net earnings of 643 million or $1.55 per diluted share, a return on average assets of 2.2% and a return on tangible common equity ...
Regions Financial Corporation: Birmingham, Alabama: $155 7.0 $18.02 RF 33 Discover Financial: Riverwoods, Illinois: $152 7.0 $28.11 DFS 34 Synchrony Financial: Stamford, Connecticut: $121 – $15.80 SYF 35 Deutsche Bank: New York City: $113 9.0 $27.49 DB 36 New York Community Bank: Hicksville, New York: $112 – $7.39 NYCB 37 First Horizon ...
In February 2006, Discover Financial Services announced that it would begin offering Discover debit cards to other financial institutions, made possible by the acquisition of Pulse. [ 2 ] Discover is the third largest credit card brand in the U.S., with 60.6 million cardholders or about 8% of cards in circulation, placing it well behind Visa ...