Pacific Continental in Eugene, Ore., is planning to issue $35 million in subordinated debt that could help it fund future acquisitions.
The $2 billion-asset Pacific said in a regulatory filing Monday that it has started an offering for
Separately, the company said it expects to incur about $8.4 million in expenses tied to its pending purchase of Foundation Bancorp in Bellevue, Wash. The company said in a
Pacific
Improved consumer confidence helped to drive greater use of buy now/pay later as younger generations turned to short-term installment options.
This year saw the impact of Donald Trump's return to the White House, the first rate cut from the Federal Reserve in roughly four years and more.
The New Canaan, Connecticut-based company agreed to allow Larry Seidman, who sits on its board, buy an additional 5% of its shares. Seidman currently owns about 9.5% of Bankwell.
A roundup of the past year's profiles of senior executive women in banking and finance.
Analysts are unsure what the Federal Open Market Committee will do with monetary policy in 2025. The panel projects two rate cuts, but some analysts expect more, and others see fewer.
Looking back at the year, this is how they impacted the financial services industry.
