Morgan Stanley to Buy E-Trade for $13B
The New York Times reported that Wall Street giant Morgan Stanley has signed an agreement to purchase discount brokerage E-Trade.
February 21, 2020 E-Trade | Morgan Stanley nadine
The New York Times reported that Wall Street giant Morgan Stanley has signed an agreement to purchase discount brokerage E-Trade.
LendingClub has signed a definitive agreement to acquire Radius Bancorp, and its wholly owned subsidiary Radius Bank, in a cash and stock transaction valued at $185 million.
Citizens Financial Group agreed to purchase the assets of Trinity Capital, a Los Angeles-based advisory firm that delivers a range of financial services to commercial clients.
Lubbock, TX-based FirstBank & Trust, a wholly owned subsidiary of Heartland Financial USA, and Levelland, TX-based AimBank, a wholly-owned subsidiary of AIM Bancshares, have entered into a definitive merger agreement.
Pacific Premier will acquire Opus Bank in an all-stock transaction valued at approximately $1 billion, or $26.82 per share, based on a closing price for Pacific Premier’s common stock of $29.80 as of January 31, 2020.
Winter Harbor has promoted Jeff Horine to managing director and Nicholas Vara to manager.
Business leaders surveyed by Citizens Commercial Banking are feeling less urgency to engage in mergers and acquisitions, but sellers with standout businesses can still expect a relatively strong year.
Ares Holdings, a subsidiary of Ares Management, has entered into a definitive agreement to acquire a controlling interest in SSG Capital Holdings and its operating subsidiaries.
Parthiv Rishi has joined Sidley Austin in Singapore as a partner in its global M&A and Private Equity practice.
North Mill Capital has acquired the portfolio of Sage Business Credit, a Minneapolis-based factoring company. The portfolio will be serviced by NMC’s Minneapolis factoring operation.