Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:TIAA, Ever the Buyer Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, August 4, 2016

TIAA, Ever the Buyer

News summary by MFWire's editors

Roger Ferguson and his team may be poised to make yet another big acquisition, though not in the mutual fund business.

Roger Ferguson
TIAA
President and CEO
New York City-based TIAA [profile] (formerly known as TIAA-CREF) "has been in exclusive negotiations" to buy Jacksonville, Florida-based EverBank for $2.5 billion, Lauren Hirsch and Olivia Oran of Reuters report. Bloomberg and the Wall Street Journal also covered the news.

EverBank focuses on online and mobile banking, yet it also has physical offices, a wealth management arm, and an online brokerage. TIAA also has an online bank, four-year-old TIAA Direct.

TIAA's acquisitions in recent years include: Chicago-based mutual fund shop Nuveen and retirement plan industry software developer Envisage in 2014, and roboadvisor MyVest earlier this year. 

Edited by: Neil Anderson, Managing Editor


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use