banker-to-banker-sign-up 
Jeff For Banks
AUGUST 2, 2021
1/ @Schornack At the end of July 2013, we invested $1.8MM to buy 49% of Flagship Financial Group, Inc. 4/ @Schornack In June 2013, Flagship Bank Minnesota had $94 million in assets and $62.8 In June 2021, we were up to six locations, $327.6 In 2021, we are up to over $70 million, mostly investment properties.
CB Insights
OCTOBER 29, 2018
In 2013, Microsoft CEO Steve Ballmer saw an opportunity in Nokia, a Finnish phone company that was losing ground to competitors. Date: May 20, 2013. On the eve of Yahoo’s acquisition of social networking platform Tumblr, then Yahoo CEO Marissa Mayer wrote a Tumblr post promising “not to screw it up.” Microsoft and Nokia.
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CB Insights
OCTOBER 26, 2020
In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand. After the collapse of Lehman and Bear Stearns and the global financial crisis that ensued, the business models of the world’s biggest investment banks needed to change.
Gonzobanker
NOVEMBER 9, 2015
Money20/20 became quite the event in a very short time, with 10,000 – count ’em – attendees up from 2,300 only three years ago. Bankers had long suspected MCX’s plan was to bypass the Visa/MasterCard rails by processing transactions as ACH. The logistics. Would we all take that growth? Big stories/buzz. Apple Pay … not.
Fintech Labs Insights
OCTOBER 15, 2015
In its first outside capital raise, personal investment management platform, Blooom has hauled in $4 million. The company’s leadership team includes former investment banker Greg Smith who penned the notorious “Why I am Leaving Goldman Sachs” piece for the New York Times in 2012.
Independent Banker
AUGUST 31, 2021
Bob Moore, Augusta Food Bank’s executive director, says traffic was backed up for miles. That day’s event was just one of the many ways in which Kennebec Savings Bank stepped up to help its community in 2020. A local stalwart since its founding in 1870, the community bank was signed into existence by Civil War hero and Gov.
Gonzobanker
OCTOBER 15, 2014
For a long time, these rock-solid bankers have seen loan officers patronize them with passive encouragement while rarely referring a customer their way and never taking the time to understand their product offerings. And they have never asked for much of the bank’s capital to win these big deals. -Anonymous.
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