Wednesday, April 7, 2010 as of 11:14 AM ET
Synovus is a financial services company with $29 billion in assets based in Columbus, Georgia. Synovus’ 30 locally-branded bank divisions provide commercial and retail banking, investment and mortgage services to customers in Georgia, Alabama, South Carolina, Florida and Tennessee through 308 offices and 439 ATM's.
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S. Supreme Court dealt at least a partial setback Tuesday to credit card customers seeking to break free from the bonds of binding arbitration, the often business-friendly procedure that blocks consumers from taking their complaints to court.On an 8-1 vote, the court reaffirmed that one of several, sometimes conflicting, federal laws permits credit card companies to enforce the binding arbitration clauses once universally found in credit card agreements and still present in millions of those contracts.The ruling runs counter to a recent trend in which several leading banks and other credit card issuers, including JPMorgan Chase , Bank of America and Capital One Financial Corp., dropped the arbitration requirement from their consumer agreements or announced that they will not enforce it.Those actions by credit card issuers came amid intense pressure from some state officials and many consumer advocates, few of whom were pleased by the Supreme Court's action Tuesday.'Disappointing...January 12, 2010 1:03 PM Cash for Flunkersby Elizabeth MacDonaldSelect rating Poor Okay Good Great Awesome No votes yetComments »President Obama now wants a windfall...
January 12, 2010 01:03 PM UTC by Elizabeth MacDonaldCash for FlunkersPresident Obama now wants a windfall profits tax assessed against the nation’s top 20 to 30 bank...
First in a three-part series; with reporting from Fox News analyst James FarrellIt's a compelling, comforting storyline.The stock market is enjoying a bungee-cord bo...
August 05, 2009 12:36 PM The Second Wave of the Credit Crisisby Elizabeth MacDonaldSelect rating Poor Okay Good Great Awesome No votes yetComments »First in a three-...
August 5, 2009 12:36 PM UTC by Elizabeth MacDonaldThe Second Wave of the Credit CrisisFirst in a three-part series; with reporting from Fox News analyst James Farrel...
When it comes to your tax dollars, Congress should be tight as a miser's fist.But it isn't. Not when it comes to the bailouts of the financials and the banking syste...
December 17, 2008 04:08 PM UTC by Elizabeth MacDonaldThe TARP SinkholeWhen it comes to your tax dollars, Congress should be tight as a miser's fist.But it isn't. Not...
As the fallout from the 2008 financial crisis spread to credit card issuers in 2010, as many as 11 in 100 credit card accounts fell so far behind that banks charged ...
As the fallout from the 2008 financial crisis spread to credit card issuers in 2010, as many as 11 in 100 credit card accounts fell so far behind that banks charged ...
By Alexei OreskovicSAN FRANCISCO (Reuters) - Yahoo CEO Carol Bartz is known as a strong-willed and straight-talking leader, but some top money managers are betting s...
"No on Prop. 24" Spokesman Scott MacDonald and Cambridge of California owner Ben Nielsen on the impact that repealing tax credits would have on small businesses.
U.S. banks are bracing for possible deflation and, if it comes, it will not be pretty for lenders, analysts said.Atlanta-based SunTrust ( STI ) has set up a special ...
Intel’s ( INTC ) multi-billion purchase of security software company McAfee ( MFE ) is a long-term gamble for the chip-making giant, a bet that demand for security a...
President Obama now wants a windfall profits tax assessed against the nation's top 20 to 30 banks to cover the estimated $120 billion in projected TARP losses, costs...
