Mon., January 2, 2012 2:41pm
The federal government is working to wind down the bank-rescue called the Troubled Asset Relief Program. Three Georgia banks have repaid the government’s investment, but roughly two dozen still have not. And 2011 was a rough year for Georgia banking, with regulators shuttering 23 institutions, the most in the nation.
Fri., October 28, 2011 4:09pm
Columbus-based banking giant Synovus this week reported its first quarterly profit in three years. While other obstacles loom, the company said it’s a milestone.
Sat., March 19, 2011 7:50am
Atlanta-based SunTrust Banks outlined Friday its plan to repay nearly $5 billion in federal aid it received during the financial bailout. SunTrust began selling $1 billion in new stock and will soon issue $1 billion in new debt to fund the repayment plan.
Tue., December 29, 2009 3:34pm
Small towns need banks with special skills