Synovus Financial Corp. (SNV) completed the bulk sale of its distressed assets. The selling process was initiated on Dec 10 with an aim to reduce balance sheet risk.
“Invest with conviction – when all others are fearful.”
– Sun Tzu, The Art of Financial War
I’m sure that most of you are already saying that the correct title of the book ascribed to the sixth century BC Chinese philosopher and military strategist is The Art of War.
And you’d be right – I massaged it a bit to make a point.