Citigroup Sells OneMain Instead of Having IPO
Citigroup has announced a definitive agreement with Springleaf Holdings regarding the sale of OneMain Financial Holdings for $4.25 billion.
Citigroup has announced a definitive agreement with Springleaf Holdings regarding the sale of OneMain Financial Holdings for $4.25 billion.
Despite the recent miss on earnings by Annaly Capital Management, analysts are still viewing this mortgage real estate investment trust giant favorably.
A Nomura analyst has initiated street-high price targets on Visa and MasterCard.
Before the markets opened Monday morning, American Realty Capital Properties restated operating results for its third quarter in 2014.
A new research note from the analysts at Jefferies concedes that some of the biggest banks are very cheap, but that doesn’t necessarily make them a great buy now.
Many investors will cheer the dividend and shareholder treatment comments from J.P. Morgan's investors day presentation by Jamie Dimon.
The five largest banks based on the number of retail locations have a total of over 23,000 locations. As with any retail business, some locations are more profitable than others.
The main takeaway from J.P. Morgan's investor day presentation appears to be that the big-bank business ain’t what it used to be.
Atlantic Alliance Partnership has filed with the U.S. Securities and Exchange Commission for its initial public offering.
Ocwen Financial has announced the sale of residential servicing rights on a portfolio consisting of roughly 81,000 performing loans to Nationstar Mortgage Holdings.
Owning a piece of the credit card industry has turned out to be a very lucrative business for those investors who have had a long-term eye on the sector.
If there was any segment that took a beating in 2014 in addition to the energy sector, it was the business development companies.
In its fourth quarter 2014 report on household debt and credit, the Federal Reserve Bank of New York said that debt rose to $11.83 trillion.
As the dollar keeps getting stronger, investors wanting to diversify into international equities are finding a refuge in hedged equity exchange traded funds.
American International Group reported fourth-quarter and full-year 2014 earnings after markets closed on Thursday.