HSBC Holdings (HBC) to sell loan portfolios to Singleaf, Newcastle for $3.2B
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/22/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
Newcastle (NCT), Springleaf to Acquire UPB Portfolio from HSBC (HBC) for $3.2B
March 5, 2013 8:55 AM ESTNewcastle Investment Corp. (NYSE: NCT) has signed a definitive agreement to acquire up to 50% of a $4.2 billion unpaid principal balance (UPB) portfolio of consumer loans from HSBC Finance Corporation (NYSE: HBC). Newcastle intends to co-invest alongside Springleaf Finance, Inc. (Springleaf), a... More
