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Jefferson City-based Central Bancompany plans to raise up to $426.7 million in a U.S. IPO by offering 17.8 million shares at $21-$24 each. If completed, the bank could be valued at around $5.7 billion, a large figure for a U.S. bank IPO in the current market. The lender had assets of roughly $19.2 billion and…
Morgan Stanley is expanding access to cryptocurrency investments across its vast wealth management network, removing long-standing restrictions on which clients can buy crypto funds and where they can hold them. Starting October 15, the bank’s financial advisors will be allowed to offer crypto-related products to all clients, including those with retirement accounts—marking a significant shift…
