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Fri., September 23, 2011 12:42pm
Atlanta-based SunTrust bank has bought nearly $11 million of government-owned stock warrants that were part of the federal TARP program. The bank repaid $5 billion in federal aid in March, which covered the government’s preferred stock holdings. Thursday’s buyback is for a portion of the common stock warrants held by the Treasury Department.
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Tue., April 26, 2011 11:12am
Synovus released its first quarter earnings report today, detailing a net loss of $93 M, both an improvement over a year ago and beating industry expectations. The bank attributed about one quarter of this year’s losses to restructuring costs as they seek to lay off about 15% of workers this year.
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Wed., June 2, 2010 3:14pm
Signs and systems at nearly 280 Wachovia bank stores across Georgia will...
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Fri., January 1, 2010 3:47pm
The news caps off a dismal year for Georgia banks
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Wed., November 11, 2009 7:45am
Rep. James Mills says Georgia’s banks are failing because federal regulator
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Thu., August 20, 2009 3:32pm
According to the FBI, the 45 robberies between March and June rank Georgia
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Mon., July 27, 2009 1:40pm
Another weekend in Georgia brought yet another bank failure for the state.
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