Of Interest

Ryder to Become Exclusive Sales Channel Partner for EV Company

Ryder System will become the exclusive sales channel partner and service provider for Chanje, a new California based medium-duty electric vehicle and energy services company. read more

Cloud Lending Solutions Upgrades Commercial Lending Offerings

Cloud Lending Solutions upgraded its suite of commercial lending products, including CL Loan, CL Lease, CL Originate, CL Collections and CL Marketplace. The company also released a new product in CL Portal. read more

PNC Equipment Finance Leases Golf Carts to City of Cuyahoga Falls, OH

According to a local news report, the city of Cuyahoga Falls, OH entered into a contract for the lease and maintenance of golf carts for the Brookledge Golf Club with PNC Equipment Finance and Lake Erie Golf Carts. read more

Wells Fargo CEO Shares Updates on Rebuilding Trust in Message

Wells Fargo CEO Tim Sloan sent a company wide message to team members regarding the bank’s second quarter 10-Q filing and updates on its rebuilding trust efforts. read more

Wells Fargo: Small Business Optimism Reaches Highest Point in Decade

According findings from the Wells Fargo/Gallup Small Business Index, small business optimism continues to climb in the third quarter as business owners said they are the most optimistic in more than a decade. read more

GE Energy Financial, Summit Enter Into MOU to Develop Power Projects

Summit Power International announced collaborations to develop $1 billion of gas-to-power generation which includes $50 million of equity to be potentially provided by GE Capital’s Energy Financial Services. read more

GE CEO Immelt in Running for Uber Leadership Role

The Wall Street Journal reported that Jeff Immelt, currently the CEO of GE, is being considered for the “top position” at Uber Technologies. read more

Stonebriar Subsidiary Provides $501,759 of Real Estate Financing

NonBank Lender, a Stonebriar Commercial Finance company, provided $501,759 of real estate purchase financing utilizing the SBA’s 504 loan program. read more

Despite Heightened Risk, Cybersecurity Not a Factor in Financial Strategic Plans

According to an Ernst & Young study, only 22% of organizations are taking information security consequences into account when considering strategic plans. read more

Citigroup Holds Investor Event After 9-Year Absence

Reuters reported that Citigroup will hold a conference day for investors and other interested parties, marking the first time since 2008 it has done so. read more

Bloomberg: Despite the Rules, Top U.S. Banks Close to Profit Record

Bloomberg reported the nation’s top 10 banks collectively made $30 billion in quarterly earnings, only a few hundred million shy of the record that was set in Q2/07, despite stiff regulation. read more

Bank of America Names Market President for Indianapolis

Bank of America announced Andy Crask has been appointed as market president, serving as the company’s enterprise leader in Indianapolis. read more

Former FASB Board Member Smith Joins FTI Consulting

Lawrence W. Smith, former board member of the FASB, will join FTI Consulting’s SEC & Accounting Advisory Services practice within its Forensic & Litigation Consulting segment as a senior managing director. read more

NETSOL Partners with Liolios to Expand Investor Relations Program

NETSOL Technologies engaged Liolios Group to lead an expanded investor relations program. read more

Marlin Shares Thoughts on Wisdom of Viewing Competition as More than the Enemy

In a post on its website, Marlin Business Services suggests, in business, competitors should be viewed as more than the “enemy.” read more

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Terry Mulreany
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