Synchrony Reports First Quarter 2023 Results
/PRNewswire/ -- Synchrony Financial (NYSE: SYF) today announced its first quarter 2023 results for the period ending March 31, 2023. The earnings news release,...
Source: prnewswire.com
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Synchrony hikes loan-loss reserves as charge-offs jump
Reacting to a sharp uptick in charge-offs, Synchrony more than doubled its provision for credit losses during the first quarter to account for further shocks along with healthy loan-portfolio growth as more consumers revolve credit card balances.
Source: americanbanker.com
Synchrony Employees Take Polar Plunge for Charity
/PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, began 2023 with a big splash with its eighth annual "Doubles Dive." More...
Source: prnewswire.com
Synchrony Partners With Ariel Investments To Pour $100 Million Into Minority-Owned Businesses
The sizable investment aims to give Black and Latin-owned businesses a leg up at sustaining and scaling.
Source: essence.com
Synchrony Commits $100 Million to Grow Minority-Owned Businesses
Project Black invests in middle-market companies that are not currently minority owned, as well as existing Black- and Hispanic-owned businesses, providing capital, resources and minority executive talent.
Source: blackenterprise.com