Merchants Bancorp Enters Underwriting Agreement for Depositary Share Offering
On November 18, 2024, Merchants Bancorp (NASDAQ: MBIN) entered into an Underwriting Agreement with Morgan Stanley & Co. LLC, UBS Securities LLC, Piper Sandler & Co., and Raymond James & Associates, Inc. for the issuance of Depositary Shares. These shares represent a 1/40th ownership interest in Merchants’ 7.625% Fixed Rate Series E Non-Cumulative Perpetual Preferred […]
More Stories
First Lady Unveils Racing Collaboration, $2 Million in ‘Fostering the Future’ Scholarships
By Travis Gillmore WASHINGTON—First Lady Melania Trump held her first public event in about two months at the White House...
US Unemployment Claims Unexpectedly Dropped Last Week
By Andrew Moran The number of Americans submitting applications for unemployment benefits unexpectedly declined last week for the first time...
A Tale of 2 Straits: Global Shippers Prefer Washington’s Version Over Tehran’s
By John Haughey With the Aug. 17 expiration of the 60-day memorandum of understanding between the United States and Iran,...
Karmelo Anthony Seeks Retrial in Texas Track Meet Stabbing Case
By Stacy Robinson Karmelo Anthony is asking a newly appointed Texas judge to grant him a retrial after he was...
UAE Halts All Iranian Trade After 2 Missiles Launched From Iranian Territory
By Jill McLaughlin The United Arab Emirates (UAE) halted all trade with Iran after officials determined two missiles detected earlier...
Amazon to Expand Drone Deliveries to Nearly 500 US Cities
By Bill Pan Amazon is expanding its airborne delivery service, with a goal of using drones to deliver small packages...
