SYNCHRONY FINANCIAL (NYSE:SYF) Files An 8-K Regulation FD Disclosure
Item 7.01
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Regulation FD Disclosure.
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the annual stress tests conducted by the Company and by Synchrony
Bank (the Bank), a wholly-owned subsidiary of the Company,
respectively, in accordance with the Dodd-Frank Wall Street
Reform and Consumer Protection Act. These results are included as
Exhibit 99.1 hereto and incorporated by reference into this Item
7.01. The results are also available on the Investor Relations
page of the Companys website at
www.investors.synchronyfinancial.com.
Report on Form 8-K, including Exhibit 99.1, is furnished to Item
7.01 of Form 8-K and shall not be deemed to be filed for purposes
of Section 18 of the Securities Exchange Act of 1934, as amended,
or otherwise subject to the liabilities of that section, nor
shall it be deemed incorporated by reference in any filing under
the Securities Act of 1933, as amended, or the Securities
Exchange Act of 1934, as amended, except as shall be expressly
stated by specific reference in such filing.
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Item 9.01
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Financial Statements and Exhibits.
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report:
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Number
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Description
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99.1
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Synchrony Financial Dodd-Frank Act Stress Test
Disclosures dated June 27, 2017 |
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Synchrony Financial ExhibitEX-99.1 2 a2017synchronydfastannua.htm EXHIBIT 99.1 a2017synchronydfastannua 2017 DFAST Annual Stress Test Disclosure
For Synchrony Financial,…To view the full exhibit click here About SYNCHRONY FINANCIAL (NYSE:SYF)
Synchrony Financial is a consumer financial services company. The Company provides a range of credit products through programs it has established with a group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers. The Company’s revenue activities are managed through three sales platforms: Retail Card, Payment Solutions and CareCredit. It offers its credit products through its subsidiary, Synchrony Bank (the Bank). Through the Bank, it offers a range of deposit products insured by the Federal Deposit Insurance Corporation (FDIC), including certificates of deposit, individual retirement accounts (IRAs), money market accounts and savings accounts. The Company offers three types of credit products: credit cards, commercial credit products and consumer installment loans. The Company also offers a debt cancellation product. It offers two types of credit cards: private label credit cards and Dual Cards.