UMB Financial (UMBF) in Kansas City, Mo., will settle a dispute over an asset purchase agreement.

The $16 billion-asset company disclosed in a regulatory filing Thursday that it will pay $4.2 million to P-Cap Holdings and $1.8 million to other parties. The settlement also involves UMB units Prairie Capital Management and UMB Merchant Banc.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.