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The acquisition of the Texas-based lender will help Regions expand its offerings to small businesses while adding about $2 billion of loans to the bank's balance sheet.10h ago
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The heads of the two companies explain how the deal came about, what hurdles they face and how they plan to mash up their very different operations.February 20
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Investors are reacting skeptically to the auto lender's deal to acquire CardWorks for $2.65 billion.February 19
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The deal for Boston-based Radius would be the first in history in which an online lender buys a mainstream bank.February 18
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The company asserted in the statement that S&P’s action was driven more by the distressed trading levels of Serta’s loans in the secondary market rather than the company’s “financially solvent” status.December 30
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The state retirement system is looking to dedicate one of every six dollars it manages to direct lending - more than five times the industry average.December 30
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PE firms have made investments in only seven banks in 2019, compared with 21 last year. Here's what's driving the slowdown.December 22
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JPMorgan Chase & Co.’s asset management arm is extending a push into the $787 billion private credit market as cash pours into the asset class from yield-hungry investors.December 13
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Family offices—mini-investment firms set up by the super rich to manage their personal wealth—have poured more and more cash into direct lending, Preqin says.December 10
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First Eagle, with $99 billion AUM, will expand its presence in structured finance-based direct lending to middle-market firms through the acquisition by uniting the two firms’ credit-business platforms, according to a release.December 9
