TIAA to Buy EverBank for $2.5 Billion

TIAA is nearing a deal buy Florida-based lender EverBank Financial Corp., a purchase that would push the financial-services giant further into plain-vanilla banking, according to people familiar with the matter.
By  RACHEL LOUISE ENSIGN and TELIS DEMOS

Deal would bolster financial-services firm’s banking business

TIAA to Buy EverBank for $2.5 Billion