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Banking Roundup: Citi reorganizes consumer banking unit… Goldman advising Musk on Tesla
The nation’s largest banks — such as JPMorgan Chase & Co. (NYSE: JPM), Bank of America Corp. (NYSE: BAC), Wells Fargo & Co. (NYSE: WFC), Citigroup Inc. (NYSE: C), Goldman Sachs Group Inc. (NYSE: GS) and Morgan Stanley (NYSE: MS) — have operations around the country. Here are other recent stories reported by The Business Journals.
Citigroup Inc. is restructuring its consumer-banking operation. As a result of the reorganization, Citi exec Jud Linville is leaving the New York-based bank. Linville,…
Charlotte-based LendingTree shakes up its C-suite positions
LendingTree Inc. (NASDAQ: TREE), a Charlotte-based online lending marketplace, nabbed a former executive at Match.com to serve as its new chief product officer.
Sushil Sharma joined the company effective Monday, after serving as Match's chief product officer for a year and a half and holding other products-based positions since 2014. Prior to his stint with Match, Sharma worked at Zynga, Sears Holdings Corp. and Travelocity.
“Sushil is a prominent thought leader and entrepreneur,” says Doug Lebda,…
Alamerica files suit against two former execs now at Millennial Bank
Birmingham-based Alamerica Bank has filed a lawsuit against two of its former executives.
Revealed: DBJ’s C-Suite Awards honorees for 2018 (Photos)
Honorees will be recognized at a September event in downtown Denver.
Gusto hiring up to 100 in Denver, growing office faster than San Francisco HQ
Gusto is expanding its current office space in Denver's Tabor Center.
Oscar Health scores funds from Alphabet, readies insurance for seniors
Oscar Health, known for processing insurance claims, is ready to expand into more cities thanks to a financial boost from Google.
The New York-based startup, formed on the heels of the Affordable Care Act, received a $375 million investment from Alphabet Inc. (NASDAQ: GOOG), Google's parent company.
The funding will also assist Oscar's efforts to move into a new area of expertise: the Medicare Advantage market for seniors.
Oscar, co-founded by CEO Mario Schlosser and venture capitalist Josh Kushner,…
Soros loads up on Apple, Facebook and Salesforce but trims stakes in other tech giants
New York billionaire George Soros' family office has bought more shares in some of Silicon Valley's biggest tech companies, while trimming stakes in others, according to a regulatory filing on Tuesday.
Soros Fund Management added to its stakes in Apple Inc., Facebook Inc., Pandora Media Inc. and Salesforce.com Inc. while divesting stakes in Google parent Alphabet Inc., PayPal Holdings, Nvidia Corp., Netflix Inc. and eBay Inc., according to the filing, spotted earlier by Reuters.
Soros' fund also…
Customers Bancorp’s BankMobile spinoff hits a snag
Questions raised by the Federal Deposit Insurance Corp., an SEC filing shows, caused the buyer of the Customers' spinoff to take another look at the deal.
UMd. launches first dual-degree program with international college
Some graduate students at the University of Maryland will now be able to earn a dual degree from an institution almost 8,000 miles away, through a new partnership with an India business school.
The College Park school is launching its first dual degree graduate program with an institution outside the University System of Maryland. Participants in the new partnership program will earn a Master of Quantitative Finance degree from Maryland’s Robert H. Smith School of Business and a Global Management…
Boulder-based product development startup raises $8 million
The company aims to double its staff over the next year to year and a half.