Barclays to buy Best Egg for $800M and expand U.S. footprint
Barclays, the London-based banking giant, has announced its plans to acquire Best Egg, a leading personal loan origination platform in the U.S., for a sum of $800 million. The purpose of this acquisition is to augment Barclays’ presence in the U.S. market and to complement its partnership-driven credit card business. The bank confirmed the expected […]
Mass. community banker explains how to win small-biz segment
Community Banks Poised for Greater Market Share in Small Business Segment Community banks have a unique opportunity to increase their market share in the small business segment, according to Brian McEvoy, chief retail banking officer at Webster Five, a community bank based in Massachusetts. This could help such banks ensure their longevity in an industry […]