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OneMain makes ‘tuck-in acquisition’ of Foursight

As the industry was getting set to celebrate Thanksgiving last week, OneMain Holdings and Jefferies Financial Group reached a definitive agreement under which OneMain will acquire Foursight Capital from Jefferies for $115 million in cash. OneMain chairman and CEO Doug … [Read More]

SEC launches AI task force

The US Securities and Exchange Commission has launched an AI task force to spearhead the agency’s efforts to embed artificial intelligence into its operations.