U.K.’s Centaurus Capital Reports South Financial Stake Worth $3.4M - cbl
By citybizlist Staff
GREENVILLE, S.C. -- Centaurus Capital LP has reported a 5.6 percent stake worth $3.36 million in The South Financial Group Inc. (Nasdaq: TSFG), according to an SEC filing.
The U.K. money manager said it owned 12.02 million shares in Greenville, S.C.-based South Financial, the holding company for Carolina First Bank and its Mercantile Bank division in Florida. The stake's value is based on the stock's closing price Monday of 28 cents apiece.
The London-based Centaurus' stake is held through Centauraus Capital Ltd., the general partner of Centaurus.
The South Financial Group Agrees to Merger with TD Bank Financial Group
Bio from South Financial's Web site:
H. Lynn Harton President & CEO
H. Lynn Harton has served as President and CEO of The South Financial Group since February 2009. He also serves as a Board member for The South Financial Group.
Mr. Harton joined The South Financial Group in January 2007 as Executive Vice President, Chief Risk and Credit Officer. In June 2008, he became the Chief Commercial Banking Officer with responsibility for state and market presidents, commercial banking, commercial real estate, corporate banking, credit, and corporate financial services (including merchant, mortgage, treasury services, and wealth management). In November 2008, he was named Interim President & CEO.
Prior to joining The South Financial Group, Mr. Harton served as Chief Credit Officer for Regions Financial and Union Planters (prior to the merger with Regions Financial). At Regions, Mr. Harton was responsible for credit risk management of a $58 billion loan portfolio for an $85 billion financial institution. Prior to joining Union Planters, Mr. Harton spent over 21 years with BB&T serving in various capacities, including Corporate Business Banking Manager, Regional Loan Administration, and Commercial Banking Manager.
News 
Market Data 
Discover 
