Barclays will buy U.S. personal loan originator Best Egg for $800 million, the British bank said on Tuesday, as it tries to ...
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 ...
The personal lending fintech last year secured a $500 million purchase facility from Fortress Investment Group and ...
Barclays is spending US$800m to buy US personal loan platform Best Egg, which is just 12 years old and was founded and is ...
Best Egg is a leading US direct-to-consumer personal loan origination platform with a focus on prime borrowers and an established track record of risk management. The Business has consistently grown ...
FTSE 100 giant Barclays said it would use consumer loan platform Best Egg as an "origination engine" following an $800m deal.
The CEO said Barclays has become "more vigilant" about contemporary credit risks following the recent collapse of two U.S.
Barclays share price has moved sideways this week as investors focus on the ongoing earnings by its biggest American peers ...
Barclays has suffered a £110m hit from its exposure to Tricolor, the subprime US car lender that was plunged into bankruptcy ...
Barclays records £110m loss linked to failed US lender Tricolor and discloses £20bn exposure to private credit amid rising ...
for $800 million, the British bank said on Tuesday, as it tries to add scale in its personal banking business in the United States. The Week in Breakingviews newsletter offers insights and ideas from ...
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