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Rocket Trims IPO By 39 Pct From $3.3B To $2B After Investors Reject Valuation

PYMNTS

Rocket Companies, the parent of mortgage lending giant Quicken Loans , reduced its terms to go public, Bloomberg reported. The Detroit-based company is expected to market a reduced number of shares at about $18 to $20 apiece, Bloomberg reported, citing sources. Last month, Gilbert sought an IPO for $3.3 which is owned by Gilbert.

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VCs Back Autobooks For SMB Banking

PYMNTS

Reports Monday (March 13) said Autobooks secured $5.5 The company cited research from Below Research that found 70 percent of SMBs say they would use a cash flow management solution if it were offered by a bank, representing a gap between what small businesses want and what they get from their banks.

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15 Minutes With … Scott Badley

Independent Banker

Scott Badley says his informal work attire matches his casual management style. But a couple are pushing up against the metro Detroit area. We complement that with a compliance committee of all those regulation owners (mostly department managers) who meet at least monthly to discuss compliance issues. Scott Badley.

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VC Seems To Fizzle Out For B2B FinTechs

PYMNTS

Instead, VCs leaned conservatively toward a mix of B2B FinTechs operating in the financial management space for small businesses (SMBs) and in the treasury management market for mid-level and larger enterprises. Check out the startups that secured funding rounds this week below. Treasury Management. Alternative Lending.

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The Mother List of All Banking Books

Jeff For Banks

Manias, Panics, and Crashes: A History of Financial Crises 2005 John Jay Knox Knox, John Jay A History of Banking in the United States 2017 Timothy Koch Koch, Timothy Bank Management (8th ed.) The Maze of Banking: History, Theory, Crisis 2015 Gary B. Gorton Gorton, Gary B. 2014 John A. Kouwenhoven Kouwenhoven, John A.

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