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Capital Bank Financial
Capital Bank Financial Corporation was a bank holding company headquartered in Charlotte, North Carolina with $10 billion in assets as of first quarter 2017 and 193 branches. Former Bank of America vice chairman Gene Taylor was chief executive, former Bank of America executive and Fifth Third Bank CFO, Chris Marshall was CFO and former Bank of America executive, R. Bruce Singletary was Chief Risk Officer. Former Morgan Stanley specialty finance research analyst, Kenneth Posner, managed corporate strategy and investor relations. North American Financial Holdings (NAFH) original purpose was to take over banks that had difficulties due to the financial crisis of 2007–2010. The company's main interest was banks in the Carolinas and Florida, but in 2011, NAFH moved into Tennessee and Virginia. Despite buying seven distressed, money losing banks, NAFH's Capital Bank was consistently profitable during the duration of its existence and consistently posted improved returns for each of it ...
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Bank Holding Company
A bank holding company is a company that controls one or more banks, but does not necessarily engage in banking itself. The compound bancorp (''banc''/''bank'' + '' corp ration') is often used to refer to these companies as well. United States In the United States, a bank holding company, as provided by the Bank Holding Company Act of 1956 ( '' et seq.''), is broadly defined as "any company that has control over a bank". All bank holding companies in the US are required to register with the Board of Governors of the Federal Reserve System. Regulation The Federal Reserve Board of Governors, under Regulation Y () has responsibility for regulating and supervising bank holding company activities, such as establishing capital standards, approving mergers and acquisitions and inspecting the operations of such companies. This authority applies even though a bank owned by a holding company may be under the primary supervision of the Office of the Comptroller of the Currency or the ...
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Globe Newswire
GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe. GlobeNewswire was a Nasdaq, Inc. subsidiary from September 2006 until April 2018 when West Corporation (now Intrado) acquired the Public Relations Solutions and Digital Media Services Businesses, including GlobeNewswire, from Nasdaq. Formerly known as PrimeNewswire, the company changed its name to GlobeNewswire in 2008 to better reflect its international scope. Operations They deliver corporate press releases, financial disclosures and multimedia content to the media, investment community, individual investors and the public. In June 2018, GlobeNewswire introduced Media Snippets, providing the ability for organizations publishing press releases to embed a carousel of images, audio, video and live streaming into their press releases and web pages to tell a more complete brand story and increase engagement with media, investors and customers. In 2012, ...
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Research Triangle
The Research Triangle, or simply The Triangle, are both common nicknames for a metropolitan area in the Piedmont region of North Carolina in the United States, anchored by the cities of Raleigh and Durham and the town of Chapel Hill, home to three major research universities: North Carolina State University, Duke University, and University of North Carolina at Chapel Hill, respectively. The nine-county region, officially named the Raleigh–Durham–Cary combined statistical area (CSA), comprises the Raleigh–Cary and Durham–Chapel Hill Metropolitan Statistical Areas and the Henderson Micropolitan Statistical Area. The "Triangle" name originated in the 1950s with the creation of Research Triangle Park, located between the three anchor cities and home to numerous high tech companies. A 2019 Census estimate put the population at 2,079,687, making it the second largest combined statistical area in the state of North Carolina behind Charlotte CSA. The Raleigh–Durham t ...
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Raleigh, North Carolina
Raleigh (; ) is the capital city of the state of North Carolina and the List of North Carolina county seats, seat of Wake County, North Carolina, Wake County in the United States. It is the List of municipalities in North Carolina, second-most populous city in North Carolina, after Charlotte, North Carolina, Charlotte. Raleigh is the tenth-most populous city in the Southeastern United States, Southeast, List of United States cities by population, the 41st-most populous city in the U.S., and the largest city of the Research Triangle metro area. Raleigh is known as the "City of Oaks" for its many oak, oak trees, which line the streets in the heart of the city. The city covers a land area of . The United States Census Bureau, U.S. Census Bureau counted the city's population as 474,069 in the 2020 United States census, 2020 census. It is one of the fastest-growing cities in the United States. The city of Raleigh is named after Sir Walter Raleigh, who established the lost Roanoke Co ...
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Capital Bank Plaza
Capital Bank Plaza is a skyscraper in Raleigh, North Carolina which houses the headquarters of Capital Bank. Formerly known as 333 Corporate Plaza, the 15-story building at 333 Fayetteville Street has of space and is an "outstanding example of International Style modernism" and "features black granite on the facade with polished green marble, black granite, and cherry paneling in the lobby." Emery Roth designed the building, built in 1964. From the 1960s until 1990, the building housed the Raleigh offices of BB&T. The Equitable Life Assurance Society, which had owned the building since 1980, began a $4 million renovation in 1993, and renamed the building 333 Corporate Plaza.Kay McFadden, "333 REDUX Raleigh office building gussies up," ''News & Observer'', 1993-03-02. KB Fund IV of California bought the building in 1997 and sold it to Modern Continental of Cambridge, Massachusetts in 2000.Steve Cannon, "Sale of office tower likely," ''News & Observer'' 2000-09-08. Raleigh Develop ...
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The Charlotte Observer
''The Charlotte Observer'' is an American English-language newspaper serving Charlotte, North Carolina, and its metro area. The Observer was founded in 1886. As of 2020, it has the second-largest circulation of any newspaper in the Carolinas. It is owned by Chatham Asset Management. Overview ''The Observer'' primarily serves Charlotte and Mecklenburg County and the surrounding counties of Iredell, Cabarrus, Union, Lancaster, York, Gaston, Catawba, and Lincoln. Home delivery service in outlying counties has declined in recent years, with delivery times growing later as the paper has outsourced circulation services outside the primary Charlotte area. Circulation at ''The Charlotte Observer'' has been declining for many years. The period of May 2011 showed that ''Charlotte Observer'' circulation totaled 155,497 daily and 212,318 Sunday. 2017 Print Circulation Daily: 69,987 and Sunday: 106,434. The newspaper has an online presence and its staff also oversees a NASCAR news we ...
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Hugh McColl
Hugh L. McColl Jr. (born 18 June 1935) is a fourth-generation banker and the former Chairman and CEO of Bank of America. Active in banking since around 1960, McColl was a driving force behind consolidating a series of progressively larger, mostly Southern banks, thrifts and financial institutions into a super-regional banking force, "the first ocean-to-ocean bank in the nation's history". Tony Plath, director of banking studies at the University of North Carolina at Charlotte, described this transformation in 2005 as "the most significant banking story of the late 20th century." In 2012, journalist Matt Taibbi described the transition as "a cartoonish arms race of bank acquisitions that would ultimately turn the American business world upside down". As a young man, McColl along with a colleague had envisioned creating the first truly national bank with branches from coast to coast. Early life McColl was born in Bennettsville, South Carolina, to Hugh Leon McColl (1905–1994), ...
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Federal Deposit Insurance Corporation
The Federal Deposit Insurance Corporation (FDIC) is one of two agencies that supply deposit insurance to depositors in American depository institutions, the other being the National Credit Union Administration, which regulates and insures credit unions. The FDIC is a United States government corporation supplying deposit insurance to depositors in American commercial banks and savings banks. The FDIC was created by the Banking Act of 1933, enacted during the Great Depression to restore trust in the American banking system. More than one-third of banks failed in the years before the FDIC's creation, and bank runs were common. The insurance limit was initially US$2,500 per ownership category, and this was increased several times over the years. Since the enactment of the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2010, the FDIC insures deposits in member banks up to $250,000 per ownership category. FDIC insurance is backed by the full faith and credit of the ...
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South Carolina
)''Animis opibusque parati'' ( for, , Latin, Prepared in mind and resources, links=no) , anthem = " Carolina";" South Carolina On My Mind" , Former = Province of South Carolina , seat = Columbia , LargestCity = Charleston , LargestMetro = Greenville (combined and metro) Columbia (urban) , BorderingStates = Georgia, North Carolina , OfficialLang = English , population_demonym = South Carolinian , Governor = , Lieutenant Governor = , Legislature = General Assembly , Upperhouse = Senate , Lowerhouse = House of Representatives , Judiciary = South Carolina Supreme Court , Senators = , Representative = 6 Republicans1 Democrat , postal_code = SC , TradAbbreviation = S.C. , area_rank = 40th , area_total_sq_mi = 32,020 , area_total_km2 = 82,932 , area_land_sq_mi = 30,109 , area_land_km2 = 77,982 , area_water_sq_mi = 1,911 , area_water_km2 = 4,949 , area_water_percent = 6 , population_rank = 23rd , population_as_of = 2022 , 2010Pop = 5282634 , population ...
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Miami, Florida
Miami ( ), officially the City of Miami, known as "the 305", "The Magic City", and "Gateway to the Americas", is a East Coast of the United States, coastal metropolis and the County seat, county seat of Miami-Dade County, Florida, Miami-Dade County in South Florida, United States. With a population of 442,241 at the 2020 United States census, 2020 census, it is the List of municipalities in Florida, second-most populous city in Florida and the eleventh-most populous city in the Southeastern United States. The Miami metropolitan area is the ninth largest in the U.S. with a population of 6.138 million in 2020. The city has the List of tallest buildings in the United States#Cities with the most skyscrapers, third-largest skyline in the U.S. with over List of tallest buildings in Miami, 300 high-rises, 58 of which exceed . Miami is a major center and leader in finance, commerce, culture, arts, and international trade. Miami's metropolitan area is by far the largest urban econ ...
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Spartanburg, South Carolina
Spartanburg is a city in and the county seat, seat of Spartanburg County, South Carolina, United States. The city of Spartanburg has a municipal population of 38,732 as of the 2020 United States census, 2020 census, making it the 11th-largest city in the state. For a time, the Office of Management and Budget (OMB) grouped Spartanburg and Union County, South Carolina, Union Counties together as the Spartanburg metropolitan statistical area, but as of 2018,the OMB defines only Spartanburg County as the Spartanburg MSA. Spartanburg is the second-largest city in the greater Greenville-Spartanburg-Anderson Combined Statistical Area, Greenville–Spartanburg–Anderson combined statistical area, which had a population of 1,385,045 as of 2014. It is part of a 10-county region of northwestern South Carolina known as "Upstate South Carolina, The Upstate", and is located northwest of Columbia, South Carolina, Columbia, west of Charlotte, North Carolina, and about northeast of Atlanta, ...
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First National Bank Of The South
First or 1st is the ordinal form of the number one (#1). First or 1st may also refer to: *World record, specifically the first instance of a particular achievement Arts and media Music * 1$T, American rapper, singer-songwriter, DJ, and record producer Albums * ''1st'' (album), a 1983 album by Streets * ''1st'' (Rasmus EP), a 1995 EP by The Rasmus, frequently identified as a single * '' 1ST'', a 2021 album by SixTones * ''First'' (Baroness EP), an EP by Baroness * ''First'' (Ferlyn G EP), an EP by Ferlyn G * ''First'' (David Gates album), an album by David Gates * ''First'' (O'Bryan album), an album by O'Bryan * ''First'' (Raymond Lam album), an album by Raymond Lam * ''First'', an album by Denise Ho Songs * "First" (Cold War Kids song), a song by Cold War Kids * "First" (Lindsay Lohan song), a song by Lindsay Lohan * "First", a song by Everglow from ''Last Melody'' * "First", a song by Lauren Daigle * "First", a song by Niki & Gabi * "First", a song by Jonas Broth ...
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