The Most Powerful Women in Banking

The lender behind the credit cards for Gap, J.C. Penney and other retailers took a large provision for loan losses and abandoned full-year earnings guidance as the nationwide shutdowns tied to the coronavirus pandemic have led to a sharp decline in spending on its cards.

April 21
1 Min Read
"We will protect our employees while continuing to deliver for our cardholders, retailers, merchants and providers,“ Synchrony Chief Executive Officer Margaret Keane said.

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