HBT Financial in Illinois plans IPO
The company could raise as much as $158 million by selling shares to the public. ... Read full article
The company could raise as much as $158 million by selling shares to the public. ... Read full article
Wells Fargo still having trouble finding permanent CEO; Some lenders are using the deals to keep their best customers. ... Read full article
Record oil production has lenders contemplating acquisitions in the region. ... Read full article
CrossFirst Bankshares intends to use the proceeds for general corporate purposes, including support of future growth, according to its SEC registration statement. ... Read full article
In a registration statement filed with the SEC, the company revealed new details about its financial performance and its growth plans. ... Read full article
The company could use its share of proceeds from the IPO to repay debt and pursue bank acquisitions. ... Read full article
The House Financial Services Committee chairman said "so far, the United States Senate has done nothing on a bill that passed" the House with over 400 votes. ... Read full article
The company and certain investors plan to sell $35 million in stock through the proposed offering. ... Read full article
FVCBancorp will use part of the proceeds to help pay for its pending acquisition of Colombo Bank. ... Read full article
Keith Mestrich, who runs the union-founded bank, plans to use a more liquid stock to pursue acquisitions in cities such as Boston, Seattle and Los Angeles. ... Read full article
While Workers United will no longer own more than half of Amalgamated's stock, it will remain the bank's biggest investor. ... Read full article
A former chief financial officer at Hanover Bancorp is trying to separate the roles of chairman and CEO as part of a sweeping demand for change. ... Read full article
Coastal Financial in Everett, Wash., said that it could be active in M&A with capital from its IPO and that it has already identified several possible targets. ... Read full article
First Western Financial in Denver could use the roughly $31 million it is hoping to raise to pay off debt and redeem preferred shares. ... Read full article
First Western in Colorado and Coastal Financial in Washington are the latest banks to disclose plans to go public. ... Read full article
The Israeli-owned company, which spent the last half-decade addressing stagnation, is open to acquisitions or going public. ... Read full article
Brand Group in Georgia was mulling a public offering but it opted to test the waters as a seller first. That decision led to one of the biggest deals announced this year. ... Read full article
The California company ended up selling 1 million more shares than it had originally planned to offer. ... Read full article
The fintech wants to facilitate loans for elective surgeries, auto repairs and jewelry purchases, but regulatory uncertainty — at the state and federal levels — casts a cloud over its business model. ... Read full article
The firm will pay $110 million to settle charges it didn’t control traders; hedge fund executive says he was wrongfully accused of sexual misconduct. ... Read full article