08:43 AM EDT, 09/16/2024 (MT Newswires) -- Upstart Holdings ( UPST ) said Monday it plans to offer $300 million in convertible senior notes due 2029 through a private placement. Initial buyers would likely have an option to purchase up to an additional $45 million, the company said. Certain net proceeds would likely be used to repurchase some of the...

08:41 AM EDT, 09/16/2024 (MT Newswires) -- Sterling Bancorp ( SBT ) said Monday it has agreed to sell Sterling Bank and Trust to EverBank Financial for $261 million in cash. As a condition for the agreement, trustees for family trusts that own about 38% of Sterling Bancorp's ( SBT ) outstanding common stock agreed to vote in favor of...

08:02 AM EDT, 09/16/2024 (MT Newswires) -- Citigroup ( C ) is removing chief operating officer Anand Selva from overseeing a key compliance data overhaul following a $136 million fine this summer for reporting failures, the Financial Times reported Monday, citing four people familiar with the matter. The task will shift to chief technology officer Tim Ryan, who joined the...

SAO PAULO, Sept 16 (Reuters) - Boeing ( BA ) will pay Embraer ( ERJ ) a gross amount of $150 million over its decision to walk away from talks for a commercial aviation tie-up in 2020, the Brazilian planemaker said on Monday. The deal marks the completion of a lengthy arbitration process that begun after the U.S. company aborted...