AAC finalizing details to join new exchange following NYSE delisting
AAC Holdings Inc. was delisted from the New York Stock Exchange last month but AAC Chairman and CEO Michael Cartwright said shares of the company could soon have a new home.
During the company's first earnings call since being delisted, Cartwright said AAC is looking for a new exchange on which to list shares of the company. When reached for comment, an AAC spokesperson did not disclose what exchange AAC may move to, but said details are being finalized and an announcement could be made by the…
PNC’s Philadelphia-based wealth management arm offers new services
Hawthorn, the PNC Financial Services Group wealth management arm serving ultra wealthy clientele, announced on Tuesday the launch of the Hawthorn Institute for Family Success, a new suite of specialized services available to clients to help them and their families thrive and successfully transfer wealth across generations.
Alexandre Monnier has been appointed to lead the implementation of this offering as Hawthorn’s managing director of wealth sustainability. Hawthorn serves individuals and…
NBT Bank names new CFO
NBT Bank has hired John Moran as executive vice president and chief financial officer.
Moran will be on NBT's executive management team and will be based at the company’s headquarters in Norwich.
He has 17 years of experience in the financial services industry. Before joining NBT, Moran was senior vice president and director of corporate development and strategy for Old National Bancorp — the parent company for Old National Bank, a regional bank with about 200 branches and $20 billion in assets…
$2B financial advisory firm wants to expand its ranks in St. Louis
RFG Advisory Group is recruiting independent financial advisers to expand its ranks in St. Louis.
Birmingham ranks among top 10 metros with maxed-out credit cards
Birmingham has ranked in the top 10 metros where cardholders have the most amount of maxed-out credit cards.
That’s according to a recent study by LendingTree subsidiary CompareCards.com that analyzed credit reports from over 1.3 million My LendingTree users with active credit cards in the first quarter of 2019 to calculate the percentage of consumers with current balances equal to or greater than their credit limits.
Birmingham ranked eighth on the list, which shows 29.2% of cardholders with…
Behind the deal: How this Middle Tenn. bank snagged one of its latest acquisitions
Reliant Bank upped its offer twice and beat out two lenders to buy its way into Cheatham County.
Bremer Bank an attractive target, but obvious buyer hard to find
Bremer Bank might be for sale, but who would buy it? An investment bank considers the contenders.
Austin-based LawnStarter rakes in the green with $10.5M funding round
One of modern society’s original startups is starting a neighborhood lawn mowing service. For teens across the nation, it’s been almost a business right of passage to mow as many lawns as you can in whatever area you can reasonably push your mower to and fro.
Well, software is augmenting that tradition, too.
LawnStarter Inc., an Austin startup that launched its on-demand mowing and outdoor services business in 2013, on Nov. 12 announced a $10.5 funding round led by Princeton, New Jersey-based…
Big Bay Area bank slams brakes on auto lending through dealerships
Bay Area banks have run hot and cold on the business of financing auto purchases through dealerships over the years.
First Horizon CEO makes case for IberiaBank buy at NC event
The First Horizon/IberiaBank deal came together over several months — including a pivotal weekend meeting at a duck club in Arkansas, attended by four members of each leadership team.