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Participants in a £42mn fundraising have pushed for changes at the fledging bank

Start-up bank said in July presentation it had to raise £18.5mn by end of August

Lender announces £42mn fundraising from investors led by holding company board member

Mellon joins other Gilded Age names in NY’s dustbin as lender tries out a new identity

While acting governor Margarita Delgado will join the deliberations, she will not be allowed to vote

Rural US lender outgrows Arkansas mountain roots with outsized loans in boom-and-bust market

Also in this newsletter: landmark Covid ruling against cruise company, Al Gore on COP28, central banks’ sloppy thinking

The enclave has suffered from cash shortages and looting

Peel Hunt chief says dearth of IPOs is ‘starting to bite quite hard’

Chancellor to hold meeting with bosses after Britain’s big six lenders reported record profits