Synovus Courting Bigger Businesses
Press release from the issuing company
Thursday, January 27th, 2011
Synovus Financial, the second-biggest banking company based in Georgia, says it wants to do more business with bigger companies, and a large piece of its plan is to partner with other lenders.
The new focus, announced Wednesday, follows of a spate of recent changes — including planned layoffs and some branch closings — at Columbus-based Synovus, which is trying to rebound from two years of heavy losses from the collapse of the real estate market. Synovus is the parent of Bank of North Georgia and 29 other community banks.
