Consolidation Loans News

Bank out to raise $100 million

Capital Bank wants to raise more than $100 million to shore up its finances, make new loans as the economy recovers and pay for future expansion.

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Britain gets first new bank in 100 years

Britain's first new bank in 100 years, Metro Bank, opened its first branch to the public.

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Akhmetov, Russians clash over Ukrainian steel mills

Consolidation has been the name of the game this year in Ukraines strategically important and vast metals sector, as homeboy billionaire Rinat Akhmetov battles it out with Kremlin-backed investors for control of the countrys ore-starved steel mills.

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Earnings: Central Virginia Bankshares, Northrop Grumman, Chevron, Merck

The Powhatan County-based parent company of Central Virginia Bank reported a loss of $1.1 million for the quarter compared with a loss of $95,400 in the same period a year ago. After paying dividends on preferred stock, that left a loss available to common stockholders of $1.3 million, or 48 ...

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High schools want $180M for upgrades

A $180 million bond measure could pay off $74 million in debt, allow for upgrades at school sites and fund a new continuation school if the San Mateo Union High School District can hammer out the details before the November ballot deadline next week.

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