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Alvarez & Marsal's Financial Services Practice Expands to U.S.; Adds Seven New Managing Directors - News

Alvarez & Marsal (A&M) announced the launch of its Financial Services Industry (FSI) practice in the US. The expansion – an addition of seven new Managing Director appointments to an existing team of six – marks the latest phase in the evolution of A&M’s global FSI network.Led by Managing Director Michael Spellacy, the FSI practice partners with. ....

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Northpointe Bank appoints SVP and chief accounting officer - Grand Rapids Business Journal


Grand Rapids Business Journal
A local bank appointed a leader to oversee its accounting policy, strategy and workflows.
Grand Rapids-based Northpointe Bank said last week that it appointed Nathan Smith as senior vice president and chief accounting officer.
Smith is responsible for overseeing the accounting policy and strategy for the bank, as well as increasing efficiencies throughout accounting workflows.
“Nathan brings a proven track record for leading financial transformation and efficiency,” said Brian Kuelbs, Northpointe Bank executive vice president, CFO and CIO. “His strong public accounting skills in a wide range of industries will make him a great asset to the Northpointe team.” ....

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Northpointe Bank, a Top Performing Bank in the Nation, Appoints Nathan Smith as Senior Vice President and Chief Accounting Officer


Northpointe Bank, a Top Performing Bank in the Nation, Appoints Nathan Smith as Senior Vice President and Chief Accounting Officer
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GRAND RAPIDS, Mich., May 19, 2021 /PRNewswire/  Northpointe Bank is pleased to announce that Nathan Smith has joined the company as of May 13, 2021. Smith is responsible for overseeing the accounting policy and strategy for the bank, as well as increasing efficiencies throughout accounting workflows.
Photo credit: JJ Jetel Photography
Nathan brings a proven track record for leading financial transformation and efficiency, said Brian Kuelbs, Northpointe Bank Executive Vice President, Chief Financial Officer and Chief Investment Officer. His strong public accounting skills in a wide range of industries will make him a great asset to the Northpointe team. ....

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Northpointe Bancshares, Inc. Closes Non-Cumulative Perpetual Preferred Stock Offering


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GRAND RAPIDS, Mich., Dec. 30, 2020 /PRNewswire/  Northpointe Bancshares, Inc. ( Northpointe ), parent company of Northpointe Bank, announced today that it has completed a private placement of 3,800,000 depositary shares, each representing a 1/40th interest in a share of its 8.25% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A, to certain qualified institutional buyers and accredited investors. Each preferred share has a liquidation preference of $1,000, equivalent to $25 per depositary share.
Northpointe Bancshares, Inc.
As a result of the private placement, Northpointe received proceeds of approximately $91 million, net of estimated expenses and placement agent fees, which Northpointe intends to use for general corporate purposes. ....

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