Paypal to pay online sex dating - Synovus consolidating bank charters

The housing bust caused a

The housing bust caused a $1.41 billion loss for the bank in 2009, when it was left holding the bag for nearly $800 million of outstanding residential construction loans, primarily in the Atlanta area.The bank began to clean up its act, cutting costs and consolidating its 30 separate bank charters in mid-2010.

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The housing bust caused a $1.41 billion loss for the bank in 2009, when it was left holding the bag for nearly $800 million of outstanding residential construction loans, primarily in the Atlanta area.

.41 billion loss for the bank in 2009, when it was left holding the bag for nearly 0 million of outstanding residential construction loans, primarily in the Atlanta area.

) has seen tough times since the financial crisis, but its ambitious turnaround plan is producing some impressive results.

The bank reported its fourth profitable quarter in a row earlier this week, indicating that its improved outlook has some staying power.

Synovus employs about 6,400 companywide, more than 1,500 of those in Columbus.

The new president and CEO, in a brief interview today, said he is honored to be at the helm of the bank that started out of a textile mill overlooking the Chattahoochee River more than a century ago.

“But Richard, as he said to me, ‘I feel really good about it.’ He’s probably smiling more than I am today.

But, certainly, I’m honored by the confidence of Richard and our board.” Declining to go in depth about Anthony’s recovery from his illness, Stelling said he has been making good progress.

Kessel Stelling — acting chief executive officer since Anthony’s leave began June 21 — becomes the permanent CEO and president.

“We are grateful for the foundation Richard built during his tenure as CEO and are pleased to welcome him back as chairman,” James Yancey, a former Synovus chairman who had been acting chairman during Anthony’s medical leave, said in a statement.

“I am pleased with the progress of my recovery, but I believe it is a good time to make this transition,” he said.

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