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The company was formerly known as GE Money Bank and changed its name to GE Capital Retail Bank in October 2011. GE Capital Retail Bank operated as a subsidiary of General Electric Capital Corporation. [61] GE Capital Retail Bank acquired MetLife Bank from MetLife in 2011. [62] As of June 2, 2014, GE Capital Retail Bank is now known as Synchrony ...
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.
On Tuesday, GE Capital Retail Bank announced a deal to provide private label credit card support to Phillips 66 . Beginning Aug. 1, GE will begin to manage and service credit cards for Phillips ...
The company was incorporated as Genworth Financial, Inc. on October 23, 2003. [4] In May 2004, it became a public company via an initial public offering. [7][8][9][10] GE sold its remaining stake in the company in February 2006 for $2.8 billion. [11][12][13] In June 2006, the company agreed to buy AssetMark Investment Services for $230 million.
The Synchrony Bank CD account offers an impressive range of interest rates, starting at 1.25% for a three-month term and running up to 3.25% for a 60-month term (CDs lock in your deposit and ...
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On Monday, MetLife announced it has complete the sale of MetLife Bank's $6.4 billion-in-deposits business to General Electric's GE Capital Retail Bank. MetLife Chairman and CEO Steven A. Kandarian ...
[1] [9] GE Capital Retail Bank was officially founded in 1988, and operated under GE Capital. Initial Public Offering General Electric filed with the Securities and Exchange Commission on March 13, 2014 announcing its intention to spin-off the portion of it GE Capital business dedicated to retail credit cards [ 2 ] [10] for companies such as J ...