Federal Reserve Approves UBS’ Acquisition of Credit Suisse
The Federal Reserve Board approved UBS’ acquisition of the U.S. subsidiaries of Credit Suisse.
Encina Private Credit Adds Nalitt as Managing Director and White as SVP
Encina Private Credit appointed Ian Nalitt as managing director of originations, and Brian White as senior vice president of capital...
Fed Reports Bank Deposit Growth, Loan and Leasing Decline in Early April
Citing a report from the Federal Reserve, Reuters reported that between March 29 and April 5, U.S. commercial bank deposits...
Peoples Bancorp Receives Regulatory Approval for Merger with Limestone Bancorp
Peoples Bancorp, the parent company of Peoples Bank, received all necessary regulatory approvals for its merger with Limestone Bancorp. Peoples...
Linedata Expands Services Offerings in Asia-Pacific Region
Linedata expanded its services capabilities and offerings in the Asia-Pacific (APAC) region to include new industry segments, namely private equity, private credit,...
Majority of Lenders Expect a Recession in 2023 or 2024
According to a survey from FTI Consulting, 71% of lenders believe that the probability of a U.S. recession in 2023...
Intrinsic Launches Fixed Asset Valuation Practice, Hires Dotson to Lead
Intrinsic, a national valuation and transaction advisory firm based in Denver, launched a separate fixed asset valuation practice.
Mack to Retire as CEO of Consumer and Small Business Banking at Wells Fargo
Mary Mack will retire this summer as CEO of consumer and small business banking (CSBB) at Wells Fargo. Saul Van...
Post Road Equipment Finance Provides $22MM Lease Line to Engineered Materials Manufacturer
Post Road Equipment Finance provided a $22 million lease line to a global engineered materials manufacturer to finance new manufacturing...
Secured Lenders Maintain Positive Outlook Despite Inflation Rate Hikes
According to data from the Secured Finance Network, Q4/23 was marked by steady confidence in the ABL industry, with lenders...
