M&A
M&A
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The challenge for other fintechs will be to find banks that are as compatible as Radius Bank, an online-only lender, is for LendingClub.
February 19 -
CardWorks also specializes in subprime credit cards and loans for recreational and marine vehicles.
February 18 -
The bank still plans to open branches on the West Coast even as it trims its overall U.S. footprint by 30%.
February 18 -
The deal for Boston-based Radius would be the first in history in which an online lender buys a mainstream bank.
February 18 -
Alexander most recently headed up mortgage lending and before that co-led the integration of Key's acquisition of First Niagara. He replaces Dennis Devine, who recently left the company.
February 18 -
The deal to create the nation's second-largest wireless network may lead to a revamp of a discount that reportedly drives 250,000 new Sprint customers annually.
February 18 -
The company will pay $130 million for Commerce Financial Holdings.
February 18 -
Meyer was credited with guiding the Cleveland company through the financial crisis and returning it to profitability. He died this week at his home in Florida.
February 14 -
Gulf Power Company Employees CU will merge into Tallahassee-based FSU Credit Union later this year, pending regulatory and member approval.
February 13 -
The deal for Trinity Capital in Los Angeles would further strengthen the company's capital markets capabilities.
February 13 -
Square has buttressed its deep-learning with the purchase of Dessa, a Toronto-based machine learning startup that specializes in advanced risk management.
February 12 -
Capital Corps, founded by former Banc of California CEO Steven Sugarman, wants the minority-run Broadway sold to a buyer that serves low- and moderate-income borrowers.
February 12 -
Bank will have more business lines, all reporting to the CEO; a research paper says the accounting rule could result in eased capital rules.
February 12 -
The Iowa company will pay $280 million to gain 25 branches and $1.2 billion in loans.
February 11 -
Four Chinese military members charged with stealing data of 150 million Americans; fintech can use deposit insurance, a step toward a full bank charter.
February 11 -
Whether it’s an online sale or a corporate supply chain, the need to silently transfer and convert currencies is inspiring a mix of rapid product development and investment.
February 10 -
The conclusion of President Trump's impeachment trial last week means both chambers of Congress are back to regular business.
February 10 -
The deal, expected to close later this year, will expand the Apple Valley, Minn.-based credit union's reach to 30 branches across the state.
February 10 -
The BofA CEO’s $26.5 million salary was about the same as in 2018; investors hoping for quick riches still fall for cryptocurrency-based Ponzi schemes.
February 10 -
The Mississippi company will pay $49 million for Traders & Farmers Bancshares.
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