John Delaney's Forbright targets $994 million valuation in US IPO
By Arasu Kannagi Basil June 2 (Reuters) - Forbright, founded by former U.S. Representative John Delaney, is targeting a valuation of up to $993.8 million in its U.S. initial public offering, as a strong run of new listings by U.S. banks extends into 2026.