Core Points - Synovus Financial Corp. will participate in a joint fireside chat with Pinnacle Financial Partners at the Goldman Sachs 2025 U.S. Financial Services Conference on December 9, 2025, discussing the pending merger between the two companies [1] - Synovus Financial Corp. is based in Columbus, Georgia, and has approximately $60 billion in assets, offering a range of financial services including commercial and consumer banking, wealth services, and international banking [3] Company Overview - Synovus Financial Corp. provides a full suite of specialized products and services, including treasury management, mortgage services, premium finance, asset-based lending, structured lending, and capital markets [3] - The company operates branches in Georgia, Alabama, Florida, South Carolina, and Tennessee [3] - Synovus is recognized as a Great Place to Work-Certified Company [3]

Core Insights - HSBC Holdings is restructuring its operations to enhance efficiency and focus on high-growth businesses [1] Cost-Saving Initiatives - HSBC announced a $1.5 billion cost-saving plan aimed at organizational simplification, to be achieved by 2026, with expected total severance and upfront charges of $1.8 billion by the end of next year [2] - The company plans to redeploy an additional $1.5 billion from non-strategic activities into its core strategy [2] Operational Focus - HSBC is winding down non-core operations in the U.K., Europe, and the U.S., while maintaining a focused presence in Asia and the Middle East [3] - The bank has completed divestments in multiple countries, including the U.S., Canada, and Argentina, among others [3] Asia Pivot Strategy - HSBC is strengthening its performance in Asia, focusing on high-net-worth clients, with over 50% of its business centered in the region [4] - In mainland China, HSBC is growing its wealth business through lifestyle-focused centers and acquisitions, including Citigroup's retail wealth arm [4] Expansion in India - HSBC is expanding in India with plans to open 20 new branches, enhancing its presence through Global Private Banking and acquisitions [5]