Waterfield Group
| Company type | Private |
|---|---|
| Industry | Financial services |
| Founded | 1928 |
| Founder | Richard H. Waterfield |
| Headquarters | , |
Area served | Worldwide |
| Services | Investment banking Trading & principal investments Asset management |
The Waterfield Group is a financial services holding company that was founded in 1928 by Richard H. Waterfield.[1][2][3] J. Randall Waterfield, a former manager at Goldman Sachs and grandson of Richard H. Waterfield, serves as the Waterfield Group’s chairman.[4] As of 2000, the Waterfield Group was the largest privately held mortgage company in the US.[5]
The Waterfield Group sold its mortgage company, Waterfield Mortgage, in December 2006 to Sky Financial Group.[6] In 2010, the Federal Deposit Insurance Corporation closed Waterfield Bank, which was majority-owned by the Waterfield Group.[7]
References
- ^ "SMTC names Waterfield to board of directors". M2 EquityBites. April 24, 2012.
- ^ Doug LeDuc (February 23, 2000). "Fort Wayne, Ind.-Based Bank's Subsidiary Opens Online Site". Knight Ridder.
- ^ Robert Goldfield (October 15, 2001). "Home lender Waterfield arrives in Oregon". Portland Business Journal.
- ^ "RF Industries Inks Agreement with Red Oak Partners". Entertainment Close-Up. September 1, 2011.
- ^ "Fort Wayne, Ind., Mortgage Company Seeks Compensation for Fraud Scheme". Tribune Business News. February 26, 2000.
- ^ "Sky closes deal, sees higher earnings". Dayton Business Journal. October 18, 2006.
- ^ E. Scott Reckard (March 9, 2010). "FDIC shuts down Affinity-owned thrift in Maryland". Los Angeles Times.
External links
- http://www.fdic.gov/bank/individual/failed/waterfield.html
- http://www.marketwatch.com/story/fdic-shuts-bank-of-illinois-and-waterfield-bank-2010-03-05
- http://washington.bizjournals.com/washington/stories/2010/03/01/story3.html
- http://washington.bizjournals.com/washington/stories/2010/03/01/daily78.html