Synovus to Complete Charter Melding

Davis, Paul
January 2010
American Banker;1/29/2010, Vol. 175 Issue F304, p17
Trade Publication
This article reports that Synovus Financial Corp. plans to consolidate to a single charter by the middle of 2010, putting an end to its original business model. Synovus will no longer have many separately chartered banks, but will combine all 33 under one charter. Chief executive officer Richard Anthony believes it will improve the company's capital management.


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