Of Interest

Great Western Bancorp Appoints Former Deere Exec as Director

Great Western Bancorp appointed James A. Israel to its board of directors. Israel is a retired senior executive of Deere & Company. read more

Huntington Ranked Second-Largest SBA Lender

Huntington Bank was ranked the second largest lender of SBA 7(a) loans during fiscal year 2016. It also ranked as the top 7(a) lender within its six-state core footprint. read more

Seacoast Hires SVP, SBA Business Development Officer

Seacoast Commerce Bank hired Mindy Tran as senior vice president and SBA business development officer. Tran was previously with Wells Fargo Bank in a similar position. read more

Former GE Capital CEO Joins Avolon Board

International aircraft leasing company Avolon appointed Denis Nayden to its board as vice chairman and chair of the risk committee. read more

Siemens Study Says Smart Finance Growing in Importance

A global qualitative study by Siemens Financial Services of precision and engineering companies found smart finance is becoming increasingly important to facilitate new-generation technology acquisition. read more

Fitch: Goldman’s Online Lender Seeks to Link Fintech and Banking

Fitch Ratings reported the launch of Goldman Sachs’ new online consumer lending platform is part of the firm’s efforts to capitalize on the growing fintech sector. read more

Total Funding in the Solar Sector Rises to $3B in Q3/16

Total corporate funding, including venture capital, public market and debt financing into the solar sector in Q3/16 was up to about $3 billion in 45 deals, compared to the $1.7 billion in 32 deals in Q2/16. read more

Stumpf Retires, Sloan Named Wells Fargo CEO

Wells Fargo Chairman and CEO John Stumpf will retire, effectively immediately. Tim Sloan, company president and chief operating officer, was elected to succeed him as CEO. read more

GE, Citi Provide Tax Equity Financing to First U.S. Wind Farm

GE Energy Financial Services and Citi closed tax equity financing on Deepwater Wind’s Block Island Wind Farm, the first offshore wind farm in the U.S. read more

Wells Fargo/Gallup Survey: Investor Optimism Rises to Nine-Year High

The Wells Fargo/Gallup Investor and Retirement Optimism Index jumped in Q3/16 to its highest level since mid-2007. read more

CIT Stock Jumps After Aircraft Leasing Sale

Bloomberg reported that in the wake of the sale of its aircraft leasing business to Avolon Holdings, CIT Group rose 3.5% in New York trading. read more

Banks Seek Blueprints for Risk Accountability Seven Years after Recession

According to a survey from EY, despite material strengthening of banks’ risk management, the industry is still searching for the appropriate blueprints to establish effective risk accountability. read more

GE Energy Financial, Mainstream Partner on Wind Power Plants in Vietnam

Mainstream Renewable Power and GE Energy Financial Services signed a term sheet to develop, build and operate large scale wind power plants in Vietnam. read more

Deutsche Bank Could Be Facing $14B Penalty for Mortgage Misdeeds

Bloomberg reported that Deutsche Bank could face a $14 billion penalty for alleged transgressions during the U.S. mortgage boom. read more

Construction Equipment Market to Reach $230.5B By 2022

According to a report from Credence Research, the construction equipment market is expected to reach $230.5 billion by 2022. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.
www.abfjournal.com