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Synchrony Financial

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Synchrony Financial
NYSESYF
Founded2014 (as spin off from GE Capital)
FoundersMargaret M. Keane (Founding CEO)
Headquarters
Key people
Margaret M. Keane, CEO
Revenue15,625,000,000 United States dollar (2022) Edit this on Wikidata
3,016,000,000 United States dollar (2022) Edit this on Wikidata
Websitewww.synchronyfinancial.com

Synchrony Financial is a North American retail finance company with its core business in handling store credit cards. It is publicly traded on the New York Stock Exchange and formerly a division of GE Capital prior to its spin off in July 2014.[1] The company raised $2.88 billion in its initial public offering, making it the largest IPO of 2014.[2]

References

  1. ^ De La Merced, Michael J. (12 March 2014). "G.E Files to Spin Off Retail Financial Unit". New York Times. Retrieved 12 March 2014. {{cite news}}: Cite has empty unknown parameter: |coauthors= (help)
  2. ^ Picker, Leslie; Clough, Richard; Dexheimer, Elizabeth (31 July 2014). "GE Overhang Looms for Synchrony Before Planned IPO". Bloomberg. Retrieved 2 September 2014.