Q:
Who owns Synchrony Bank?
A:
Quick Answer
Synchrony Bank is owned by GE Capital, as of 2015. The bank was formerly known as GE Capital Retail Bank, until the name was changed in June 2014. The bank provides banking services and products such as certificates of deposit, savings accounts, and online and mobile banking options.
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GE Capital is the financial services division of one of the largest companies in the United States, General Electric. The company was founded in 1988 and is based in Draper, Utah. The CEO of Synchrony Bank is Margaret M. Keane, and other key executives are Daniel N. O'Connor and Daniel C. Janki.
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