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The company, which agreed to buy Independence Bancshares, also brought in $25 million by selling common and preferred stock.
September 26 -
The company is looking to raise about $115 million. A portion of the proceeds would help pay for Merchants' pending purchase of Joy State Bank.
September 26 -
Jia Chen has spent the past two years meeting clients, speaking at industry panels and becoming the face of a resurgent market for synthetic CDOs. Along the way, she's helped establish Citigroup as its dominant player.
September 26 -
Grand Mountain Bank raised $7 million to help it exit the crisis-era capital program.
September 25 -
Brookline will pay $56 million in cash and stock for First Commons in a deal that will add $324 million in assets.
September 21 -
The cash acquisition allows First American to expand its operations in Kenosha, Wis.
September 20 -
The CFPB has ordered National Collegiate Student Loan Trusts and its debt collector, Transworld Systems, to pay at least $21.6 million.
September 18 -
David Dotherow, CEO of the newly formed Winter Park National Bank, stresses the need for strong management and a straightforward business plan when applying for a charter.
September 15 -
The Dutch government sold a third stake in ABN Amro Group NV, taking advantage of a rally in the shares of the nationalized lender.
September 15 -
Credit Suisse Group AG said it settled lawsuits brought by Massachusetts Mutual Life Insurance Co. over the sale of mortgage-backed securities before the financial crisis.
September 15