trending Market Intelligence /marketintelligence/en/news-insights/trending/XeEXCtQJbrHQS-vgOf_2kA2 content esgSubNav
In This List

StoneCastle unit acquires Intermedium Financial's insured deposit sweep biz

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

Investment Banking Essentials Newsletter April Edition - 2022

Blog

Banking Essentials Newsletter April Edition - 2022


StoneCastle unit acquires Intermedium Financial's insured deposit sweep biz

StoneCastle Cash Management LLC unit StoneCastle Insured Cash Sweep LLC acquired the insured deposit sweep business of Intermedium Financial LLC.

The transaction includes the InterLINK FinTech platform and related assets.

Intermedium's sweep business will operate under the StoneCastle name while retaining the InterLINK brand. Intermedium's San Diego office will continue as operations center for the sweep business.

Terms of the deal were not disclosed.