Tag: transaction

January 30, 2024

Billed as a “merger of equals,” the deal will create a $4.6 billion-asset company with a presence in some of California’s strongest areas for mid-market business banking. “The expanded scale and capabilities we will have as a result of this […]

July 29, 2022

The challenger informed the CMA it had failed to send transaction histories to more than 13,000 customers, despite reporting a similar breach last year. Monzo has since contacted all affected customers to offer them a copy of their transaction history, […]

March 30, 2022

India marks the ninth market from which Citi has solidified its retreat in the past 12 months. The bank laid out a strategy last April to exit from retail operations in 13 markets, concentrating instead on four hubs with higher […]

September 24, 2020

Volante’s VolPay system sits at the core of the new Goldman system. It covers end-to-end processing of domestic and international payments. This includes foreign exchange, US wires, ACH, Swift cross-border payments, and other payment rails. Goldman’s new system, described by […]

February 22, 2019

The transaction had a volume of €100,000 and a term of three days. Continental was the issuer of the money market security, a euro-denominated electronic commercial paper, according to legal requirements stipulated in the Luxembourg law. The bank provided R3’s […]

December 27, 2018

JPMorgan Chase Bank acted as both administrative and syndication agent on an amendment to its credit agreement with interior design and home furnishings retailer Ethan Allen Interiors. The amendment provides a revolving credit line of up to $165 million. According […]

September 13, 2017

NEW YORK, Sept. 13, 2017 /PRNewswire/ — Alleghany Corporation (NYSE: Y) today announced that its wholly-owned subsidiary Alleghany Insurance Holdings LLC, has signed a definitive agreement to sell Pacific Compensation Insurance Company (PacificComp), an underwriter of workers’ compensation insurance, primarily […]

March 11, 2016

Holly Energy Partners amended its existing revolving credit facility to increase the maximum amount from $850 million to $1.2 billion. The facility is available to fund capital expenditures, investments, acquisitions, distribution payments and working capital and for general partnership purposes. […]