Note 2: Business Combinations
We regularly explore opportunities to acquire financial services companies and businesses. Generally, we do not make a public announcement about an acquisition opportunity until a definitive agreement has been signed. For information on additional contingent consideration related to acquisitions, which is considered to be a guarantee, see Note 14.
We did not complete any acquisitions of businesses during 2013. Business combinations completed in 2012 and 2011 are presented below. Additionally, we had no pending business combinations as of December 31, 2013.
| (in millions) | Date | Assets | ||||||||
| 2012 | ||||||||||
| EverKey Global Partners Limited / EverKey Global Management LLC / | ||||||||||
| EverKey Global Partners (GP), LLC / EverKey Global Focus (GP), LLC – Bahamas/New York, New York | January 1 | $ | 7 | |||||||
| Burdale Financial Holdings Limited / Certain Assets of Burdale Capital Finance, Inc. – England/Stamford, Connecticut | February 1 | 874 | ||||||||
| Energy Lending Business of BNP Paribas, SA – Houston, Texas | April 20 | 3,639 | ||||||||
| Merlin Securities, LLC / Merlin Canada LTD. / Certain Assets and Liabilities | ||||||||||
| of Merlin Group Holdings, LLC – San Francisco, California/Toronto, Ontario | August 1 | 281 | ||||||||
| $ | 4,801 | |||||||||
| 2011 | ||||||||||
| CP Equity, LLC – Denver, Colorado | July 1 | $ | 389 | |||||||
| Certain assets of Foreign Currency Exchange Corp – Orlando, Florida | August 1 | 46 | ||||||||
| LaCrosse Holdings, LLC – Minneapolis, Minnesota | November 30 | 116 | ||||||||
| Other (1) | Various | 37 | ||||||||
| $ | 588 | |||||||||