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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.
In June 2014, Synchrony Bank, formerly GE Capital Retail Bank, agreed to settle claims of illegal credit card practices that were filed by the federal Consumer Financial Protection Bureau and the United States Justice Department by agreeing to pay $225 million to Spanish speaking consumers that were harmed by discriminatory practices and ...
Banque Artesia Nederland N.V. (now GE Artesia Bank) GE Commercial Finance was a unit of GE Capital , [ 1 ] (one of five major operating divisions of General Electric ). Headquartered in Norwalk , Connecticut , United States, it plays a role in over 35 countries and had assets of over US$ 335 billion at year end 2007.
However, a few years ago, Synchrony Bank was moved over to Synchrony Financial, a financial services company. It separated from GE in 2015. That means it's now a separate financial institution.
Synchrony Financial (NYSE:SYF) reported third-quarter net interest income of $4.609 billion, beating the consensus of $4.491 billion. Net interest income increased 5.7% YoY, driven by higher ...
Synchrony Bank is a subsidiary of Synchrony Financial. In March, Synchrony bought Ally Lending for an undisclosed amount, onboarding $2.2 billion in loan receivables, though in its latest investor ...
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Acme Construction is an affiliate of Acme Coal and the only company with the know-how to construct a power plant in accordance with Acme's delivery specification. A power plant can cost hundreds of millions of dollars. To pay Acme Construction, Power Holdings receives financing from a development bank and a commercial bank. These banks provide ...