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In 2014, Alerus Financial bought Private Bank Minnesota in downtown Minneapolis, the ninth such acquisition since 2003. [3] In 2015, Alerus Financial rebranded itself as simply Alerus, though its legal name did not change. [4] In 2016, Alerus purchased Beacon Bank in the Twin Cities and Duluth, Minnesota, adding 5 bank branches to its network. [5]
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In finance, market data is price and other related data for a financial instrument reported by a trading venue such as a stock exchange. Market data allows traders and investors to know the latest price and see historical trends for instruments such as equities, fixed-income products, derivatives, and currencies. [1]
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The 2015–2016 stock market selloff was the period of decline in the value of stock prices globally that occurred between June 2015 to June 2016. It included the 2015–2016 Chinese stock market turbulence, in which the SSE Composite Index fell 43% in just over two months between June 2015 and August 2015, [1] [2] which culminated in the devaluation of the yuan.
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