(Reuters) - Citigroup Inc said it has agreed to sell its consumer finance unit OneMain Financial Holdings Inc to subprime lender Springleaf Holdings Inc for $4.25 billion (2.76 billion pounds) in cash ...
EVANSVILLE, Ind.--(BUSINESS WIRE)--Springleaf Holdings, Inc. (NYSE:LEAF), a leading personal finance company providing loan products to customers nationwide, today announced that it has reached a ...
EVANSVILLE, Ind.--(BUSINESS WIRE)--Springleaf Financial Services (Springleaf) announced today that its board of directors has appointed Jay Levine as the new President and Chief Executive Officer (CEO ...
Citigroup Inc <C.N> said it has agreed to sell its consumer finance unit OneMain Financial Holdings Inc to subprime lender Springleaf Holdings Inc <LEAF.N> for $4.25 billion in cash. The sale of ...
The government and a group of private investors plan to spin off the subprime lending and servicing division of American International Group, by selling $500 million worth of stock to the public — ...
Personal finance company Springleaf Holdings Inc. recently announced it will be moving forward with its purchase of OneMain Financial Holdings LLC after reaching a settlement with the Department of ...
Before taking the reins of Citigroup in 2012, Michael Corbat was working to pare down Citi Holdings, the unit housing troubled assets the bank wanted to lose. Tuesday, as CEO, he made the biggest deal ...
Lending to people with poor credit is a big business with a shady reputation. If you buy in when capital is fleeing it, you can get a good price. And that has already led to a big gain for investors ...