The sale to Canadian private equity firm Onex Corp. will allow Supervalu to focus on its slower-growing grocery wholesale business.
China's largest insurer acquires a stake in a $2 billion portfolio of select-service hotels as it continues to step up its overseas investments.
There have been 344 insurance agency deals so far this year as low interest rates continue to drive the M&A market.
The firm's surprisingly strong third-quarter results were fueled by a 17% increase in revenue from its trading and investment-banking core.
Innovating on digital capabilities enables banks to create more efficient business models.
Introduced last week, the online-only platform, Marcus, allows consumers to borrow up to $30,000 with no fees and a fixed APR.
A surge in trading revenue and cost-cutting efforts boosted the bank's Q3 bottom line despite stubbornly low interest rates.
What often gets lost in the headlines of big merger announcements are the massive integration challenges involved with streamlining two companies.
Forcerank's stock-rating games were not a "skill-based contest" but security-based swap offerings subject to Dodd-Frank's rules, the SEC says.
The bank is "still in the early stages of addressing the likely earnings headwinds" from the scandal over its sales practices, an analyst says.