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A shotgun clause (or Texas Shootout Clause [1]) is a term of art, rather than a legal term. It is a specific type of exit provision that may be included in a shareholders' agreement, and may often be referred to as a buy-sell agreement. The shotgun clause allows a shareholder to offer a specific price per share for the other shareholder(s ...
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More US regional banks are taking a step that was unthinkable more than a year ago in the aftermath of the Silicon Valley Bank failure: selling underwater bonds at a loss.
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With a short sale, the bank agrees to accept less than the amount owed and forgive the rest of the money due. This can be a win-win situation: The. If you're a homeowner nearing foreclosure, you ...
The bank provides financial services in institutional banking, commercial banking, and mortgage banking and is based in Texas, where it has three branches. [2] Its parent is financial services company NexBank Capital, Inc. [3] As of 2022, NexBank had assets of almost $14 billon and was "the largest privately held bank in Texas." [4]
While everyone seems to be in a rush to dump financial stocks, many of these seemingly stable banks have been (unfairly) An Alternative to Zombie Banks: 10 Regional Banks With Significant Insider ...
American National Bank of Texas (ANBTX) is an independently owned community bank with 28 branches in North Texas, providing personal and business banking services. It also offers asset management, financial planning, investment services, and trust and estate services through ANBTX Wealth Management.