
Citybizlist recently interviewed Kevin Cashen, CEO of Bay Bank. The parent companies of Bay Bank and Carrollton Bank announced a planned merger in April in a deal worth approximately $25 million in cash and stock. 1. What is the impact of recent federal legislation (Dodd Frank) and developing regulations on community banks like Bay Bank?
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LAWRENCEVILLE, NJ - Edison Ventures announces a $7.5 million investment in Cleveland, OH-based Vox Mobile. Edison led the financing, with limited partner Permal Capital participating. The proceeds will be used to accelerate sales/marketing expansion, increase product development, support channel partners, and increase international presence. Vox is a leading provider of managed mobility services, focused on mid-size and small enterprise customers. The...
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