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Encore Capital Group Inc., a large U.S.-based debt buyer, announced Monday that it will acquire UK-based debt buyer Marlin Financial Services for approximately $481 million through Cabot Credit Management, a UK subsidiary of Encore acquired last year.
February 10 -
Every couple weeks a new group of mainstream merchants and payments providers begins accepting Bitcoin, the popular and often controversial digital currency.
February 10
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DBA International elected Bryan Faliero as president during the associations annual conference last week.
February 8 -
Allan Hosack joined the $1.9 billion-asset Waterstone after a decade at BMO Financial Group (BMO) and predecessor, Marshall & Ilsley.
February 7 -
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JPMorgan Chase & Co. is offering $390 million of non-performing loans as banks including HSBC Holdings PLC and Regions Financial Corp. increasingly look to sell troubled mortgage debt.
February 7 -
The company wants to supplement the loss of revenue from mortgage banking with a potentially large acquisition. CEO Gary Douglass says he is interested in banks with $400 million to $1 billion in assets.
February 7 -
The Detroit car lender is defying regulatory pressure to change its pricing system, but it's unclear whether other lenders will dig in their heels, too, or eventually give in.
February 7 -
Researchers for the U.S. Postal Service inspector general's office are making the case that an agency rooted in delivering mail and selling stamps can help Bitcoin go mainstream.
February 7 -
A former head of commercial real estate at Wilmington Trust was charged with bank fraud, bribery and money laundering, the Office of the Special Inspector General for the Troubled Asset Relief Program announced Friday.
February 7
