Truist Hires Jessani to Lead New Mid-Corporate Banking Team
Truist Financial hired Kerry Jessani as head of mid-corporate banking. Jessani will build and lead a coverage team focused on...
ACT Research: Preliminary Class 8 Net Orders Stepped Back in October
October preliminary North America Class 8 net orders were 30,600 units, down 5.2% year over year, according to ACT Research....
CAE to Purchase Majority of SIMCOM Shares for $230MM
CAE will increase its ownership stake in its existing SIMCOM Aviation Training joint venture by purchasing a majority of SIMCOM...
ELFF Industry Snapshot: U.S. Economy to Grow by 2.7%
The Equipment Leasing & Finance Foundation (ELFF) released the Q4/24 Equipment Leasing & Finance Industry Snapshot, predicting U.S. economic growth...
North Mill Achieves Record $73MM in Funded Volume in October
North Mill Equipment Finance achieved a new company record in monthly funded volume, surpassing $73 million in October, exceeding the...
Northrim BanCorp Acquires Sallyport Commercial Finance
Northrim BanCorp acquired Sallyport Commercial Finance in an all-cash transaction that closed on Oct. 31, 2024 and is valued at...
U.S. Bank Freight Payment Index: Volume, Spend Decline at Slower Pace
Truck freight shipments and spending continued to contract in Q3/24, albeit at a slower pace than earlier this year, according...
Mid Penn Bancorp to Acquire William Penn Bancorporation
Mid Penn and William Penn entered into a definitive agreement and plan of merger, pursuant to which William Penn will...
Bloomberg: Deutsche Bank Markets $499MM of Solar Equipment Loan-Backed Debt Sold by Tesla
Tesla sold $499 million of bonds, according to Bloomberg. Deutsche Bank marketed the five-tranche deal between Monday, Oct. 28 and...
CIBC Innovation Banking Makes Leadership Appointments
CIBC Innovation Banking appointed Paul McKinlay and Patrick Martin as executive managing directors and co-heads, effective Nov. 1, 2024, as...
