Sterling Bancorp Announces Agreement to Sell Substantially All Assets of Quantum
SOUTHFIELD, Mich.--(BUSINESS WIRE)--Sterling Bancorp, Inc. (the “Company”) (NASDAQ: SBT), the bank holding company of Sterling Bank and Trust, FSB, Southfield, Michigan (the “Bank”), today announced that its indirect wholly-owned subsidiary, QCM, LLC, doing business as Quantum Capital Management (“Quantum”), entered into an Asset Purchase Agreement to sell substantially all of its assets, which consist primarily of client advisory agreements. The closing of the transaction is subject to customa
Sterling Bancorp Announces Agreement to Sell Substantially All Assets of Quantum
SOUTHFIELD, Mich.--(BUSINESS WIRE)--Sterling Bancorp, Inc. (the “Company”) (NASDAQ: SBT), the bank holding company of Sterling Bank and Trust, FSB, Southfield, Michigan (the “Bank”), today announced that its indirect wholly-owned subsidiary, QCM, LLC, doing business as Quantum Capital Management (“Quantum”), entered into an Asset Purchase Agreement to sell substantially all of its assets, which consist primarily of client advisory agreements. The closing of the transaction is subject to customa