In Brief: Deutsche Bank to Buy Lender's Infrastructure

A unit of Germany's Deutsche Bank announced this week that it has agreed to acquire a California-based specialty lender's infrastructure.

Deutsche Financial Services, a St. Louis-based commercial finance unit of Deutsche Bank, plans to acquire Ganis Credit Corp.'s offices, equipment, and staff from Bank of Boston Corp. for $30 million. Bank of Boston had sold off most of Ganis' loan portfolio separately.

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