GIC Bullish on Consumer Finance, Boosts Position in Synchrony Financial

Posted on 01/24/2018


Synchrony Financial is in the private-label credit card business, generating most of its loans from store credit cards and consumer financing. The company finalized its split out of General Electric (GE Capital) in July 2014, further accelerating GE’s exit by November 2015. The consumer finance business could benefit from an improving U.S. economy and a […]