Barclays plans to continue Best Egg’s model and retain a small portion of its new lending flow on its balance sheet.
Barclays will buy U.S. personal loan originator Best Egg for $800 million, the British bank said on Tuesday, as it tries to ...
Barclays PLC announces its wholly-owned US consumer banking subsidiary Barclays Bank Delaware agreed to acquire Best Egg, Inc ...
The bet on U.S. consumer finance forms part of CEO C.S. Venkatakrishnan’s bid to boost the British bank’s stock.
Barclays PLC ("Barclays")(1) today announces that its wholly-owned US consumer banking subsidiary Barclays Bank Delaware (operating as "Barclays US Consumer Bank" or "USCB") has agreed to acquire Best ...
FTSE 100 giant Barclays said it would use consumer loan platform Best Egg as an "origination engine" following an $800m deal.
Barclays has agreed to buy US personal loan business Best Egg for $800mn in a move that will help expand its consumer lending and give it access to more loans to package up and sell to investment bank ...
Large U.S. and European banks are on track to lose $5 billion to $10 billion more in coming quarters on leveraged loans they ...
Barclays (NYSE:BCS) to acquire the U.S. personal loan originator Best Egg for $800 million, aiming to significantly expand ...