After closing in December, the college officially signaled its end as it aims to pay off debts through liquidation.
Banking + Finance
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.
MNvest allows private companies to sell stock to average individuals. Is it worth the extra work?
Minnesota bankers see solid small-business loan demand.
The third-largest U.S. bank by asset-size is selling its commercial insurance arm as part of a reorganization effort following last year’s sales scandal.
The Minneapolis Fed President on banking, bailouts, blind spots, Jamie Dimon and Donald Trump.
The facility, which was first expected to open in early 2018, will now be completed later this year.
The last Minnesota company to go public was Tactile Systems Technology. In its IPO, the medical device maker reported net proceeds of $35.8 million.