NEW YORK, June 8, 2015 (GLOBE NEWSWIRE) -- StoneCastle Financial Corp. (Nasdaq:BANX) ("StoneCastle Financial" or the "Company"), a Securities and Exchange Commission registered investment management company focused on investing in community banks, today announced that Chairman & Chief Executive Officer Joshua Siegel will participate in The Finance & Accounting Forum for Financial Institutions Conference to be held June 14th -16th in Scottsdale, Arizona.
Mr. Siegel will address the topic "Raising Capital: What counts as good capital today?" on Monday, June 15th at 11:15 a.m. Mountain Standard Time.
The ability to raise capital is an important issue for community banks with changes in the capital markets and regulatory environment requiring serious consideration. During the presentation, Mr. Siegel will discuss certain strategies for community banks to create a highly efficient capital structure.
About StoneCastle Financial
StoneCastle Financial is a Securities and Exchange Commission registered non-diversified, closed-end investment company listed on the NASDAQ Global Select Market under the symbol "BANX." StoneCastle Financial makes long-term, passive, non-control investments in community banks seeking capital for organic growth, acquisitions, share repurchases and other refinancing activities. Its investment objective is to provide stockholders with current income and, to a lesser extent, capital appreciation. StoneCastle Financial is managed by StoneCastle Asset Management LLC.