Capital markets

As part of a capital-formation bill, House lawmakers are attempting to sprinkle in a handful of provisions to ease the industry’s burden.

With the recent focus on capital formation bills, lawmakers appear to be putting their Dodd-Frank angst aside.

While the Small Business Investment Companies program has reported disappointing results since its 2015 peak, participating funds are getting more looks from curious bankers.

Toronto-Dominion Bank agreed to acquire Greystone Capital Management in a push to become the largest Canadian money manager.

Restaurant point of sale and back-office management provider Toast has received $115 million in Series D funding that the company plans use to develop technology and expand its market.

Fannie Mae and Freddie Mac enjoy considerable advantages because of their lower cost of capital and significant government subsidies. But with some conforming loans, the private market is finding a way to compete.

Spirit Community Bank would be the first new bank in North Carolina since 2009.

Denver-based P2Binvestor plans to use the new funds to expand its bank partnership program.

U.K. private equity firm Dunedin says it has invested "a significant stake" in a £44 million (U.S. $58 million) funding round for Global Processing Services, which provides payment processing and technology for financial institutions, digital banks, challenger banks and fintechs.

Ben Holzman helped build Bain Capital Ventures' enterprise software practice.