Synchrony Financial
![]() | |
Traded as | NYSE: SYF |
---|---|
Founded | 2014 (as spin off from GE Capital) |
Founders | Margaret M. Keane (Founding CEO) |
Headquarters | Stamford, Connecticut |
Key people | Margaret M. Keane, CEO |
Website |
www |
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
- ↑ De La Merced, Michael J. (12 March 2014). "G.E Files to Spin Off Retail Financial Unit". New York Times. Retrieved 12 March 2014.
- ↑ Picker, Leslie; Clough, Richard; Dexheimer, Elizabeth (31 July 2014). "GE Overhang Looms for Synchrony Before Planned IPO". Bloomberg. Retrieved 2 September 2014.