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CrossFirst's IPO pricing seeks market value of nearly $900M
CrossFirst Bankshares Inc. will sell about 8.18 million shares during its initial public offering, including an option for the underwriters. The stock is expected to be sold for between $15 and $17 per...
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Fed will create new, near-instantaneous payment processing system
The Federal Reserve's Board of Governors will make the biggest change to the U.S. payment system in 45 years, creating a new round-the-clock payment and settlement service called FedNow. The...
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Seyferth Blumenthal adds veteran labor litigator from competitor
Seyferth Blumenthal & Harris LLP added even more experience to its employment litigation and counseling practice. The Kansas City-based law firm added Matthew Westering, a litigator with 11 years'...
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CorEnergy Infrastructure looks to raise $100M
CorEnergy Infrastructure Trust Inc. plans to offer $100 million in convertible senior notes to institutional buyers. The interest rate and conversion rate for the notes have not been determined. The...
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Baseball sponsorship brings Restless Spirits to East Coast
A connection to Major League Baseball helped Restless Spirits Distilling Co. break into the market and sign a distribution agreement throughout all of a densely populated region.
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KC's biggest accounting firm promotes local leader to higher role
Barry Davis, North region managing partner for BKD LLP, will retire on May 31. He will be succeeded by Kansas City Managing Partner Abe Cole. Davis spent six years as BKD's Kansas City managing partner...
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Newsmaker: Being comfortable with discomfort propels Wendel's banking career
Abby Wendel has helped advance her career by being willing to say yes to the next opportunity — even when it makes her uncomfortable. The key, she says, is overcoming that feeling by learning and being...
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Behind the deal: C2FO outlines plans for $200M capital injection
Learn from C2FO's CFO Kerri Thurston what the company plans to do with the $200 million in capital it just raised.
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Bank of Blue Valley invests in microlending at Women's Business Center
An agreement between Overland Park-based Bank of Blue Valley and the Women's Business Center is designed to foster more microloans and help more entrepreneurs make the step to traditional banking. The...
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BOK Financial prowls KC to beef up commercial banking team
BOK Financial is doubling down on commercial banking in Kansas City, seeing an opportunity for growth.
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Fast 50: Pivot's acquisitions work — thanks to advance hires
Pivot International laid the groundwork for growth by bringing in serious management talent and building out its global manufacturing capability.
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Partners leave KC law firm after 15-plus years to start practice
Two partners and experienced litigators left Kansas City-based Baty Holm Numrich & Otto PC to start their own law firm. John Gates and Molly Westering Hunter started Gates Westering LLC, setting up...
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Behind the Deal: Baum calls sale bittersweet, looks forward to the future
Jon Baum's sale of the municipal bond business founded by his grandfather marks the end of an era for a trailblazer on Kansas City's financial services scene.
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CorEnergy raises $120M through private offering
CorEnergy Infrastructure Trust Inc. sold $120 million of convertible senior notes to institutional buyers. The notes carry an interest rate of 5.875% and are paid twice a year. They can be converted to...
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Another KC-area banker will lead Kansas Bankers Association
Kurt Knutson, chairman and CEO of Overland Park's Freedom Bank, is the new chairman of the Kansas Bankers Association. Knutson, a veteran commercial banker with 36 years of experience, founded Freedom...
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CommunityAmerica expands partnership with Chiefs
CommunityAmerica Credit Union is deepening a partnership with the Kansas City Chiefs that started in 2016. The Lenexa-based credit union is now the official sponsor of the Club Level at Arrowhead...
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Country Club Bank lands a new VP of commercial lending
Country Club Bank lured away a 17-year banking veteran from First National Bank of Omaha. Paul Schalekamp was hired as a a vice president of commercial lending. He spent the last seven years in First...
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Equity Bank starts construction on new KC-area HQ
Equity Bank is building a 28,000-square-foot, three-story building that will serve as its Kansas City-area headquarters.
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CrossFirst sets IPO share price lower than expected
CrossFirst Bankshares Inc. priced the 7 million shares of common stock that it will offer to the public at $14.50 per share, which is 50 cents lower than the bottom of its predicted range. The shares...
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Pivot CEO: Acquisition in Scotland lends scale that will drive more growth
CEO Mark Dohnalek said Pivot International's acquisition of a specialty electronics design and engineering firm in Scotland significantly adds to the Lenexa company's global capabilities. Pivot ranks...
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