22 replies to this topic

[Gard]

Update to yesterday's story about Capital Bank...shareholders have approved the sale of $55 million in new stock, which could be used to make acquisitions in the areas stated yesterday. Looks like we could have a budding regional bank on our hands .


http://www.newsobser...ory/226286.html

[Jones133]

I have been out of town for a while....reading between the lines.....does this mean  that the HQ is staying in raleigh now? At one time there was talk of it moving elsewhere (along with RBC and Progress)

[DwnTwnRaleighGuy]

The new owners of Capital Bank,(live in Charlotte), will keep the current people in downtown Raleigh. But I think they probably won't add it the downtown Raleigh base,(excuse me-Headquarters). Unless something big happens with this company, I don't see it becoming a major player for our downtown. I look at it as more of a regional location for a bank with no distinct corporate appeal or desire. Just a place to do...am I sounding sad yet?