Professional Bank raises $15 million through stock sale

April 9, 2015 8:36 PM

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Coral Gables-based Professional Bank has raised $15 million in a private sale of Class A voting stock.

The buyers, whose identities are not being made public, are financial firms and wealthy individuals from around the country, including previous investors, said Raul Valdes-Fauli, president and CEO of the bank.

Also read: They helped get $23 million through stock fraud. Now, how many years will they get?

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