Most-read stories for the week include an article discussing potential buyers for OneMain and a piece on Hovde Group moving into the specialty finance space.
Private equity, foreign banks among potential OneMain buyers, analysts say
Seven years of private equity sponsorship and the sponsor's impending sale makes OneMain Holdings Inc. ripe for purchase, analysts said.
Hovde jumping into specialty finance vertical with industry vet
Hovde Group LLC is doing what some of its bank clients might do as well: diversifying into the specialty finance business in an effort to help fuel growth.
Big deal puts Citigroup, Allen on top of insurance underwriter M&A league table
One deal helped propel Citigroup Global Markets Inc. and Allen & Co. LLC to the top two spots in the insurance underwriter M&A deal value league table for the first three quarters of 2017.
Fla. assignment-of-benefits woes take 'extremely painful' toll on insurer
The lack of legislative action to address Florida's assignment-of-benefits crisis has led Conifer Holdings Inc. to enter a new reinsurance agreement and refocus its efforts and resources on core business lines.
Despite personal devastation, hurricanes can offer macroeconomic boost
While hurricanes bring a litany of personal tragedies, the destruction can act as a tailwind for banks' loan growth while also benefiting the broader economy over the medium term.