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Rubicon Point Snags Office Building in SF's SoMa for $73M

Rubicon Point Snags Office Building in SF's SoMa for $73M
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First Sentier Investors to take 75% stake in credit boutique AlbaCore

First Sentier Investors, the Sydney-based asset manager, will take a 75% stake in credit boutique AlbaCore Capital Group. ....

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LendingClub to buy $1 billion loan book from MUFG's parent company

The portfolio purchase, which follows the sale of MUFG Union Bank to U.S. Bancorp, represents about 32% of LendingClub's own personal loan portfolio. It should help boost the online lender's growth while using some of its excess capital. ....

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U.S. Bancorp now expects MUFG Union deal to close later in second half of 2022

The Minneapolis-based buyer had previously said the deal would close earlier in the second half. Some of the financial benefits, which had been expected to be realized next year, won't come to fruition until 2024, executives said Monday. ....

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Canadian banks facing increased scrutiny in U.S.

TORONTO - Canadian banks looking to expand in the U.S. through acquisitions are facing increased scr. ....

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