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The new company kept the name OneMain Financial. [17] The United States Department of Justice required Springleaf to sell 127 branches and certain related assets to Lendmark Financial Services, LLC. before the merger. [18] The sale was completed in May 2016. The brand migration from Springleaf Financial to OneMain Financial was completed in ...
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In May 31,2023, the Consumer Financial Protection Bureau ordered OneMain Financial to pay $20 million for deceiving and misleading some 25,000 consumers. ... The Today Show.
With assets at $48.5 billion and 250 banking centers, Old National Bancorp is the largest financial services bank holding company headquartered in Indiana and one of the top 30 banking companies in the U.S. [4] Old National Bank has locations in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Tennessee, and Wisconsin. [1]
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In November 2015, Springleaf acquired OneMain Financial from Citigroup. [122] [123] In February 2016, Citi sold its retail and commercial banking operations in Panama and Costa Rica to the Bank of Nova Scotia (Scotiabank) for $360 million (~$448 million in 2023). The operations sold include 27 branches serving approximately 250,000 clients.
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