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The $286.4 million deal is an important test for Upgrade, which has raised $142 million of equity over the past two years but has yet to turn a profit.
October 18 -
The interest-rate moves stoking President Donald Trump’s ire are also fueling Citigroup Inc.’s profits.
October 12 -
The Montana company will spend $200 million to buy Idaho Independent and Community 1st Bank.
October 12 -
The company agreed to buy Mainland Bank for nearly $20 million in stock.
October 11 -
The company’s stock plunges after Sarah Friar’s departure announced; the bank said it unintentionally withheld mortgage discounts from minority borrowers.
October 11 -
Slower-than-expected lending and "lackluster" trading could be concerns; new CEO David Solomon sets his sights on fixed income.
October 10 -
HSBC will pay $765 million to settle allegations that it sold defective residential mortgage-backed securities in the run-up to the financial crisis, resolving one of the London-based bank's last significant legal challenges with the U.S. government.
October 9 -
On Jun. 30, 2018. Dollars in thousands.
October 9 -
Union Bankshares will gain 15 branches and $2 billion in loans in northern Virginia after it buys Access National.
October 5 -
Wells Fargo is planning its first post-crisis offering of bonds tied to U.S. home loans without government backing, according to people familiar with the matter.
October 5