Banking & Financial Services

Procaccianti Companies and its joint venture partner, Rugger Capital, has announced the acquisition of Charleston Harbor Resort, a 217-key waterfront property in Mount Pleasant, South Carolina. The resort will be managed by Procaccianti's...

United Community has named Jeff Beisler-Snell head of International Banking and Capital Markets, expanding the bank's ability to help customers conduct business around the world. Beisler-Snell will lead United's new international...

Forvis Mazars, LLP is relocating its Charleston office to a newly refreshed space in the city’s downtown business district. Located at 200 Meeting Street, Suite 206, the new space brings the firm back to the heart of downtown, occupying space...

The Huntington National Bank (Huntington), a top 10 commercial bank in the U.S., has announced the opening of its first branch in Summerville, deepening its presence in South Carolina as it brings its full franchise to more communities in the...

The Art of a Deal By David Dykes Devin Green, chief operating officer of The Capital Corp., based in Greenville, South Carolina, contributes over 20 years of business experience, including investment banking, private equity, and C-level...

Coastal Carolina Bancshares, Inc. (“Coastal”) (OTCQX: CCNB), the parent company of Coastal Carolina National Bank, and Beacon Holding Company, Inc. (“Beacon”) (OTCQB: BCON), the parent company of Beacon Community Bank, have jointly announced they...

Southern First Bancshares, Inc. (NASDAQ: SFST) on April 15, 2026, announced the pricing of an underwritten public offering of 1,050,000 shares of its common stock at a price of $54.00 per share. The company also granted the underwriters...

Bank of America Corporation on April 23, 2026, announced the Board of Directors declared a regular quarterly cash dividend on Bank of America common stock of $0.28 per share, payable on June 26, 2026, to shareholders of record as of June 5,...

First Citizens Bank has named Holt Chetwood as regional executive vice president in an expanded role overseeing its South Region. Chetwood will oversee 55 bank branches across South Carolina and parts of Georgia, including Columbia, Florence,...

Boxwood Partners, a leading boutique investment bank specializing in sell-side M&A for founder-led and franchise businesses, has been named to the 2026 Axial Advisor 100, an annual list recognizing the most highly regarded lower middle market...

Boxwood Partners, which has offices in Charleston, South Carolina, announced the sale of RS Boes Holdings, operating a multi-territory Precision Garage Door Service franchise, to Burlington Capital Partners and RF Investment Partners. Founded and...

The Board of Directors of Bank of South Carolina Corporation, (OTCQX: BKSC) the parent company for The Bank of South Carolina, declared a quarterly cash dividend of $0.23 per share to shareholders of record April 14, 2026, payable April 30,...

Clearinghouse Community Development Financial Institution (Clearinghouse CDFI) announced a $3 million Class A equity investment from Fifth Third Bank. This marks the bank's first equity investment in Clearinghouse CDFI and establishes a new...

BWE, a national commercial and multifamily mortgage banking company, today announced the successful arrangement of financing on behalf of GEM Realty Capital for The Claiborne at Brickyard Crossing, a 142-unit, Class A seniors housing community...

Truist Wealth, the private wealth business of Truist Financial Corporation (NYSE: TFC), announced that Truist Investment Services, Inc. (TIS) financial advisors will now be able to offer two SEC-registered spot bitcoin exchange‑traded...

Goose Creek, South Carolina-based HireQuest, Inc. (Nasdaq: HQI), a national franchisor of on-demand staffing and executive search services, announced that its Board of Directors has declared a quarterly dividend of $0.06 per share. The dividend...

The Federal Reserve Bank of Richmond announced the following director appointments: Adam Currie, president and CEO of First Bank in Southern Pines, North Carolina, was elected a Class A director by state member banks of the Federal Reserve Bank...

Fifth Third Bancorp (Nasdaq: FITB) has announced it has closed its merger with Comerica Incorporated to create the ninth-largest U.S. bank with approximately $294 billion in assets. Officials with corporation note that the combination of Fifth...

CoastalSouth Bancshares, Inc. (NYSE: COSO), the holding company for Coastal States Bank, reported that its Board of Directors approved a quarterly cash dividend of $0.05 per share on the company’s common stock. The dividend is payable on Feb. 26,...

Bank of America announced Jan. 20, 2026, it will award $1 billion to employees through its Sharing Success Program, a broad-based equity program for all employees excluding senior management. Awards this year will equate to nearly 19 million...

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