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Published February 1, 2010 at 7:33 AM
Bond Street Holdings LLC's acquisition of Premier American Bank NA signals the Federal Deposit Insurance Corp. may be getting more comfortable with the idea of nonbanks buying failed financial institutions. Bond Street is a so-called blind pool, a fund raised by groups of investors and led by former bankers. According to Simpson Thacher & Bartlett LLP's Lee Meyerson, its Premier American acquisition paves the way for similar deals. Watch the video below or download it at iTunes. - Suzanne Stevens
Leezie Kim is rejoining the Phoenix office of Quarles & Brady LLP as a partner. She will continue her corporate transactions practice. For other updates launch today's Movers & shakers slideshow.
Dechert's Henry Nassau at the 18th annual Wharton Private Equity and Venture Capital Conference tells The Deal Pipeline how to shine in the middle market. More video
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