The Bloomington-based company is hoping to raise $420 million from investors, on top of a planned $100 million share purchase from two private equity firms.
Banking + Finance
The Consumer Financial Protection Bureau takes action against Wells Fargo for illegal mortgage and auto lending practices.
The Bloomington-based human resources software provider will be going public for the second time in the company’s 61-year history.
Take 12 is helping expectant moms raise money to fund their maternity leave.
The San Francisco-based bank is looking to have a more than 300,000-square-foot addition constructed to its existing parking lot to accommodate the new workers.
The community bank’s shares finished at $12.85 Thursday after two days of public trading.
After closing in December, the college officially signaled its end as it aims to pay off debts through liquidation.
Despite having more sources of capital, securing early-stage financing still remains challenging.
Currency remains king at a small subset of local businesses.
Abraham will replace Andrew Duff, who joined the investment bank 37 years ago and has been its CEO since the start of the millennium.
According to a U.S. Census Bureau survey, the number of minority-owned companies in the U.S. grew by nearly 5 percent in 2014.
Young business owners are the impetus for new banking approaches, including more technology service options and greater transparency from bankers.
There were double-digit increases for loans to businesses owned by women and veterans.
Wells Fargo is ending coin counting as a consumer banking amenity. Will coin jars survive?
Affinity Plus seeks new customers with bike loans.
Aims for $1M in startup funding despite ‘sunset’ of state’s angel tax credit.
Sanger served as the chairman and CEO of General Mills for more than a decade.
The venture capital firm has funded a number of successful, Minnesota-based startups such as BiteSquad, Gravie and the 2016 MN Cup winner Stemonix.