Posted on 10/16/20
First Citizens BancShares Reports Earnings for Third Quarter 2020
RALEIGH, N.C., Oct. 16, 2020 (GLOBE NEWSWIRE) -- First Citizens BancShares Inc. (Nasdaq: FCNCA) reported strong earnings for the third quarter of 2020. Key results for the . . .
Posted on 10/15/20
Truist Reports Third Quarter 2020 Results
Truist Financial Corporation (NYSE: TFC) today reported earnings for the third quarter of 2020.Net income available to common shareholders was $1.1 billion, up 45.3 percent, compared . . .
Posted on 10/15/20
Auerbach Funds Closes Third Real Estate Fund
Auerbach Funds today announced the first close for its third real estate private equity fund, Auerbach Opportunity Fund III). AOF III initially raised $14.7 million of . . .
Posted on 10/14/20
Bank of America Reports Third-Quarter 2020 Financial Results
CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America reported its third-quarter 2020 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following . . .
Posted on 10/13/20
K&W Cafeterias Retains M&A Specialist SC&H Capital
By order of the US Bankruptcy Court, Middle District of North Carolina, Winston-Salem Division, SC&H Capital, a leading investment bank specializing in M&A advisory, has been . . .
Posted on 10/9/20
Espresso Capital Extends $6 Million Facility to Zaloni
Espresso Capital announced today that it has provided North Carolina based data software provider Zaloni with a $6 million credit facility. The company will use the . . .
Posted on 10/9/20
SC Investment Firm Earns Place in Top 300 Registered Investment Advisors by Financial Times
Verity Investment Partners (VIP), a boutique investment advisory firm serving individual investors and their families, has been named as one of the nation's Top 300 Registered . . .
Posted on 10/8/20
SC&H Capital Advises A.C. Furniture Company in its Sale to Multiple Buyers
SC&H Capital, a leading investment bank specializing in M&A advisory, announced it acted as the exclusive investment banker to A.C. Furniture Company, Inc. in the sale . . .
Posted on 10/8/20
Bank of South Carolina Corporation Announces Third Quarter Earnings
The Bank of South Carolina Corporation (Nasdaq: BKSC) announced unaudited earnings of $1,703,271, or $0.31 and $0.30 basic and diluted earnings per share, respectively, for the . . .
Posted on 10/11/20
Interview with Michael Mufson, Managing Partner, Mufson Howe Hunter
Mufson Howe Hunter & Co. LLC, based in Philadelphia, was formed in 2004 by a group of like-minded investment
Posted on 10/6/20
Plexus Capital Successfully Raises More than $500 Million for Fifth Fund
Plexus Capital, a private investment firm focused on bringing institutional scale to the financing of small businesses in the United States, announced today that it has . . .
Posted on 10/5/20
Bank of America Completes Equity Investments in Minority Depository Institutions and Community Development Financial Institution Banks
CHARLOTTE, N.C.--(BUSINESS WIRE)--On June 2, Bank of America made a $1 billion, four-year commitment to advance racial equality and economic opportunity. As part of that commitment, . . .
Posted on 9/24/20
Ally Financial Invest $30 Million to Communities Across the U.S.
Ally Financial Inc. (NYSE: ALLY) will invest $30 million in communities across its geographic footprint over the next three years. As part of this commitment the . . .
Posted on 9/23/20
Truist Donates $40 Million to Launch Innovative Nonprofit Fund
Truist Financial Corporation (NYSE: TFC) today announced a $40 million initial donation to help establish CornerSquare Community Capital, a new national nonprofit fund that will support . . .
Posted on 9/22/20
Epic Games Leads $15M Investment in Manticore Games
SAN MATEO, Calif.--(BUSINESS WIRE)--Manticore Games has closed $15 million in funding, led by Epic Games and validating the vision and the progress of Core toward an . . .
Posted on 9/16/20
Truist Financial Corporation Launch of Truist Ventures
Truist Financial Corporation (NYSE: TFC) today announced the launch of Truist Ventures, a corporate venture capital division created by integrating investments in technology companies from the . . .
Posted on 9/16/20
Bank of America Announces Redemption of Senior Notes
CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America Corporation announced today that it will redeem on October 1, 2020, all $750,000,000 principal amount outstanding of its Floating Rate Senior . . .
Posted on 9/16/20
Is the Worst Over for Bank of America?
The banking sector has been one of the worst-performing parts of the market in 2020. Not only does the record-low interest rate environment make it difficult . . .
Posted on 9/14/20
Sier Capital Partners Announces Investment Supporting ILS Growth
ILS is a leading provider of pre-clinical toxicology services and product safety testing to commercial and government end markets. The Company is headquartered in Research Triangle . . .
Posted on 9/9/20
2020 Credit Card Debt Paydown – WalletHub Study
With the economy showing signs of life despite the ongoing impact of the coronavirus pandemic, WalletHub’s new Credit Card Debt Study revealed that U.S. consumers paid . . .
Posted on 9/3/20
Bank of America Announces Redemption of €1.0 Billion of Floating Rate Senior Notes
CHARLOTTE, N.C.--(BUSINESS WIRE)--Bank of America Corporation announced today that it will redeem on September 21, 2020 all €1,000,000,000 principal amount outstanding of its Floating Rate Senior . . .
Posted on 9/2/20
Truist Announces Third-Quarter 2020 Earnings
As previously announced, Truist Financial Corporation (NYSE: TFC) will report its third-quarter 2020 financial results before the market opens on Thursday, October 15, 2020. Chairman and . . .
Posted on 8/17/20
GEF Capital Acquires Controlling Interest in EnviroMix
GEF Capital Partners announced today that it has acquired a controlling interest in EnviroMix, Inc. EnviroMix offers innovative water and wastewater solutions to municipal
Posted on 8/14/20
LPL Financial Managing Director and Divisional President Andy Kalbaugh to Retire, Effective March 2021
CHARLOTTE, N.C., Aug. 14, 2020 (GLOBE NEWSWIRE) -- LPL Financial LLC (Nasdaq:LPLA), a leading retail investment advisory firm, independent broker-dealer and registered investment advisor (RIA) custodian, . . .
Posted on 8/11/20
MVC Capital To Merge With Barings BDC
Barings BDC, Inc. (NYSE: BBDC) and MVC Capital, Inc. (NYSE: MVC) announced today that they have entered into a definitive merger agreement under which MVC Capital . . .
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