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IN OUR BLOOD: Synovus until last week had not done a deal since 2009, but M&A is 'a natural extension of who we are,' CEO Kessel Stelling has said.

Surprising Synovus Deal Shows Tarp Banks Can Do M&A, Too

by Jackie Stewart
MAY 16, 2013 2:00pm ET
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Regulators let the Columbus, Ga., company acquire a failed bank — its first deal in four years — though it still owes Tarp $968 million. A surprising number of similar deals have occurred in recent years.

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