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GE Capital bank ordered to pay $225 million for deceptive and discriminatory credit-card practices

( June 19, 2014, 16:47 GMT | Official Statement) -- MLex Summary: The US Consumer Financial Protection Bureau ordered GE Capital Retail Bank, now Synchrony Bank, to provide about $225 million in relief to consumers harmed by illegal and discriminatory credit card practices as part of a joint enforcement action with the US Department of Justice.Statement follows in full. Also see document below. ...

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