Citi agreed to sell its onshore consumer wealth portfolio in China, including clients, assets under management and deposits, to HSBC Bank China. The transaction covers total deposits and investment assets under management of approximately $3.6 billion. read more

OCT 10, 2023 - 6:55 am

Funds managed by the transportation infrastructure strategy of Oaktree Capital Management acquired Consolidated Chassis Management, a manager of marine chassis pools in the U.S. read more

OCT 9, 2023 - 7:00 am

PNC Bank acquired a portfolio of $16.6 billion in capital commitments facilities from Signature Bridge Bank through an agreement with the Federal Deposit Insurance Corporation as receiver. read more

OCT 4, 2023 - 6:40 am

Triton International Limited completed its acquisition by Brookfield Infrastructure Partners, through its subsidiary Brookfield Infrastructure Corporation (BIPC) and its institutional partners. read more

SEP 29, 2023 - 6:25 am

ECN Capital and Skyline Champion Corporation closed a previously announced private placement transaction. In connection with the private placement, the companies formed Champion Financing, a captive retail finance company. read more

SEP 27, 2023 - 7:05 am

Maritime Partners, a provider of maritime financing solutions primarily focused on Jones Act vessels, announces that one of its managed funds acquired Norfolk, VA-based U.S. Marine Management from Maersk Line. read more

SEP 27, 2023 - 7:02 am

Brookfield Infrastructure Partners and Triton International have received all required regulatory approvals for the previously announced acquisition of Triton by Brookfield following the receipt of clearance from the Committee on Foreign Investment in the United States this week. read more

SEP 20, 2023 - 6:47 am

Stearns Bank acquired a majority stake in Contract Capital Corporation, a provider of specialized financing services to managed service providers. read more

SEP 15, 2023 - 6:42 am

According to Reuters, Société Générale may consider selling its equipment finance division, with the bank viewing “the business as non-core.” read more

SEP 15, 2023 - 6:40 am

Virginia-based Bank of Clarke sold the assets of LaVictoire Finance, its marine lending business, to Axos Bank, a unit of Axos Financial. read more

SEP 8, 2023 - 6:49 am

Star Leasing Company, a provider of trailer leasing and maintenance services, signed an agreement to combine with Commercial Trailer Leasing, a trailer lessor with a fleet size of more than 19,000 assets. Star Leasing also recently combined with North East Trailer Services.  read more

SEP 7, 2023 - 6:55 am

Titan Machinery, an owner of a network of agricultural and construction equipment stores, entered into a definitive purchase agreement to acquire J.J. O’Connor & Sons (O’Connors), a Case IH dealership group in Australia, for $63 million in cash. read more

AUG 31, 2023 - 6:29 am

Standard Chartered signed agreements for the sale of its global aviation finance leasing business for $700 million to AviLease, an aircraft leasing company owned by Saudi Arabia’s sovereign wealth fund. read more

AUG 29, 2023 - 7:13 am

The shareholders of intermodal freight container lessor Triton International voted to approve the acquisition of the company by Brookfield Infrastructure Partners through its subsidiary, Brookfield Infrastructure Corporation, and its institutional partners at a special general meeting of shareholders. read more

AUG 25, 2023 - 7:06 am

IOU Financial informed North Mill Equipment Finance that the proposal IOU received from North Mill to acquire all outstanding shares of IOU at a price of $0.28 cash for each share did not constitute a "superior proposal" to a previous arrangement with 9494-3677 Québec Inc. read more

AUG 10, 2023 - 7:08 am