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FBR Capital Markets Corp (FBCM)

NasdaqGM . Currency in USD
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  • American City Business Journals5 months ago

    New banking name docks in Tampa Bay

    Seacoast Bank will open for business Monday morning in three former GulfShore Bank offices in Tampa and St. Petersburg. Seacoast Banking Corp. of Florida (SBCF) completed its acquisition of GulfShore BancShares Inc. Friday, about five months after the deal was announced. It’s the first time Seacoast, based in Stuart, has an office presence in Hillsborough or Pinellas counties, and likely will lead to market expansion.

  • American City Business Journals7 months ago

    Los Angeles company acquiring FBR & Co. in $160.1M stock deal

    Arlington-based FBR & Co., the region's only major homegrown investment bank, has agreed to be acquired by Los Angeles-based B. Riley Financial Inc. in a $160.1 million stock deal, the companies announced Tuesday morning. The news comes after a year of widening losses for FBR and a bitter proxy challenge last spring. FBR Chairman and CEO Richard Hendrix will become CEO of the combined investment banking and brokerage business, which will be a subsidiary of B. Riley Financial.

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