BUZZ-John Delaney's Forbright on track to open higher in Nasdaq debut

Forbright

Forbright

FRBT

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** John Delaney's Forbright FRBT.O on track to open above offer price in Nasdaq debut

** Stock recently indicated to open at $19 apiece vs $18 offer price

** Chevy Chase, Maryland-based FRBT had marketed shares between $18 and $20 apiece

** FRBT traces its history to Congressional Bank, which was ​established in 2003 as a community bank serving the Washington, D.C. area

** Its platform ​spans middle-market lending, digital consumer banking, strategic advisory and asset management services

** Goldman Sachs, J.P. Morgan and Barclays were among underwriters for offering


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