Many Canadian businesses are facing an uphill battle, as evidenced by a 41.4% surge in business insolvencies in 2023 when compared to 2022, according to the latest data from Equifax Canada’s Market Pulse Quarterly Business Credit Trends Report. read more
MAR 19, 2024 - 6:40 am
Ronald A. Hewitt, who formerly worked for Covington & Burling, joined Seward & Kissel’s New York office as a partner in the global banking and corporate trust group. read more
MAR 19, 2024 - 6:38 am
Tank container leasing company Trifleet Leasing, a wholly-owned subsidiary of Chicago-based GATX, promoted Robin Pol to managing director. Pol most recently served as director of commercial, global accounts and strategy for the company. read more
MAR 18, 2024 - 6:41 am
Comerica Bank named Tim Maiden senior vice president and group manager for its southern Dallas business banking team. Previously, Maiden was a senior vice president and director of market development for Simmons Bank. read more
MAR 18, 2024 - 6:39 am
The American Association of Commercial Finance Brokers announced the first place and runner-up recipients of the of the 2024 AACFB Scholarship. read more
MAR 18, 2024 - 6:37 am
Equipment rental company United Rentals completed its previously announced acquisition of Yak Access, Yak Mat and New South Access & Environmental Solutions from Platinum Equity for approximately $1.1 billion in cash. read more
MAR 18, 2024 - 6:36 am
New England-based community bank Camden National Bank promoted Barbara Raths, who formerly served as director of treasury management and government banking, to executive vice president of commercial banking. read more
MAR 18, 2024 - 6:35 am
The Federal Reserve Bank, the Federal Deposit Insurance Corporation, the Ohio Division of Financial Institutions and the West Virginia Board of Banking and Financial Institutions approved the merger of Wayne Savings Community Bank and Main Street Bank. read more
MAR 18, 2024 - 6:33 am
Aviation leasing company AerCap delivered the first of four new Airbus A330neo aircraft to a French long-haul airline Corsair, The remaining three aircraft are scheduled to deliver through 2024. read more
MAR 18, 2024 - 6:30 am
Horizon Bank appointed Steve Post capital and middle markets manager for its equipment finance division. Post’s focus will be on lower middle-market and small-ticket opportunities in Horizon’s portfolio as well as its transactional buy/sell and direct middle-market origination businesses. read more
MAR 15, 2024 - 7:05 am