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The Renton, Wash., company, which has acquired or opened nine branches since 2015, has filed a shelf registration to raise the funds through the sale of various securities.
May 14 -
Fair Square Financial has received a $100 million equity investment from the Orogen Group to fund a credit card designed for underserved U.S. consumer segments.
May 14 -
The Houston company had been an interested, but selective, acquirer before announcing this year's biggest bank deal.
May 14 -
The investment bank agreed to buy Business Bancshares in St. Louis.
May 11 -
Ant Financial, the Chinese payments giant controlled by Jack Ma, is expected to close a fundraising of at least $10 billion in the next few days, attracting Carlyle Group and the Canada Pension Plan Investment Board as first-time investors, according to people familiar with the matter.
May 11 -
Across the globe, many different populations have distinct reasons for being unbanked. To reach these audiences, mainstream financial companies are discovering approaches that wouldn't be possible in the U.S.
May 10 -
Royal Bank of Scotland said it reached a tentative agreement to pay a $4.9 billion penalty to resolve a long-running U.S. probe into its packaging and sale of mortgage-backed securities before the 2008 financial crisis.
May 9 -
The prepaid card issuer is attracting customers who are more inclined to seek it out through the app store.
May 9 -
The California company ended up selling 1 million more shares than it had originally planned to offer.
May 9 -
Ryan, McConnell say they have a deal on a bipartisan Dodd-Frank rollback; New York won more than $5 billion in settlements from big banks under the former AG.
May 9 -
Legal costs and legacy issues related to previous management continue to weigh on the online lender's results.
May 8 -
A group led by former community bank CEO Dave Mallett hopes Ohio State Bank will open for business in Columbus by the end of the year.
May 8 -
Subordinated debt issuance, which took a back seat as bank stocks surged, could regain popularity as growth-minded banks become leery of market uncertainty.
May 8 -
Former N.Y. Attorney General Eric Schneiderman had been a thorn in the side of financial institutions, using his state’s significant clout to affect national policy debate on a host of topics ranging from dark pools to cryptocurrencies. Here’s a look back at how Schneiderman made his mark on the ways financial institutions do business.
May 8 -
Capital One Financial Corp. plans to repurchase shares following the sale of $17 billion in mortgages to a Credit Suisse subsidiary.
May 8 -
The online business lender would have reported its second straight quarterly profit if not for one-time costs tied to layoffs and lease terminations.
May 8 -
Financial Institutions agreed to buy HNP Capital, a wealth management firm near Rochester.
May 8 -
Costs rose at the global bank, profit in North America fell 16% and questions are mounting for new CEO John Flint ahead of the release of his strategic plan.
May 4 -
The bank’s head of global capital markets is joining a private equity firm; Jefferies mortgage bond trader is freed from prison.
May 4 -
The northern Virginia company will also gain more branches around Washington as part of the $33 million deal.
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