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Bond Street Holdings files for an IPO to raise $150 million.

Bond Street Holdings, a Miami-based bank holding company operating 39 full-service retail bank branches in Florida, filed for an IPO to raise $150 million. Founded in 2009, the company has about 450 employees and reported net income of $26.1 million on interest income of $46.6 million for the year ended Dec. 31, 2010. Bond Street expects to trade on the New York Stock Exchange. Joint Book Running Managers are: Deutsche Bank Securities and J.P. Morgan. Pricing terms and trading symbol are to-be-announced later.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.