Introduction The issue of the Non-Performing Loans (NPLs, from now on) has been long debated over the last few weeks and a new system has been designed with the purpose of creating a market for these troubled assets, which at the moment are still occupying the balance sheets of most Read more…
Introduction Markets all around the world have been characterized by high volatility and unsatisfying returns in recent weeks, primarily because of the dramatic drop in oil prices and the alarming data on China’s growth, which has failed to meet analysts’ expectations for the fourth quarter of 2015 by about one Read more…
Citigroup Inc.; Market Cap (as of 06/03/2015): $160.98bn Springleaf Holdings Inc.; Market Cap (as of 06/03/2015): $5.58bn Introduction On March 3, 2015, Springleaf Holdings, Inc. (NYSE:LEAF), a leading personal finance company focused on consumer lending, credit insurance and other credit relating products, entered into a definitive agreement with Citigroup Inc. Read more…
Citigroup Inc.; Market Cap (as of 06/03/2015): $160.98bn Springleaf Holdings Inc.; Market Cap (as of 06/03/2015): $5.58bn Introduction On March 3, 2014, Springleaf Holdings, Inc. (NYSE:LEAF), a leading personal finance company focused on consumer lending, credit insurance and other credit relating products, entered into a definitive agreement with Citigroup Inc. Read more…
Citigroup Inc.; market cap (as of 10/10/2014): $151.92bn On October 8, 2014, Citigroup filed for a $50m initial public offering of its subprime consumer lending business OneMain Financial. The $50m offering is just a placeholder amount, a figure used to calculate registration fees, but if the transaction goes ahead the Read more…
Barclays Plc Market Cap (as of 09/05/14): £41.91bn On May 8th, 2014 the CEO of Barclays Group, Antony Jenkins, presented a new restructuring plan of the London-based bank, stating that Barclays will be shifting its focus to areas where it has the capability, scale and competitive advantage over its competitors. Read more…