Bloomberg reported that the Fed’s San Francisco president John Williams said the U.S. will likely raise interest rates later this year as the economy recovers from a weak first quarter. read more
MAY 28, 2015 - 7:05 am
The Certified Lease & Finance Professional (CLFP) Foundation held its first Academy for Lease & Finance Professionals (ALFP), hosted by Banc of California, and ten individuals successfully passed the CLFP exam. read more
MAY 28, 2015 - 6:45 am
The Monitor and monitordaily office will be closed on Monday, May 25 in observance of Memorial Day. We will return on Tuesday, May 26 to bring you our coverage of the equipment leasing and finance industry. read more
MAY 22, 2015 - 7:23 am
Reuters reported that GE would lose a $350 million deal to build locomotives for Angola, and perhaps billions of dollars more in future export opportunities, if Congress closes the U.S. Export-Import Bank. read more
MAY 20, 2015 - 7:20 am
In its latest piece of market intelligence, CIT group head Neil Wessan observes that with the possibility of rising interest rates, middle market companies are potentially leaving themselves exposed to higher costs of capital in the future. read more
MAY 20, 2015 - 7:15 am
University of Pennsylvania, Wharton School management professor Michael Useem said the idea of a GE Capital sale “has been under discussion for a long time. It was better for GE to wait to get a good price, and it’s been worth the wait.” read more
MAY 13, 2015 - 7:28 am
The Wall Street Journal reported that GE is putting its $5 billion Japanese commercial finance operation up for sale. read more
MAY 13, 2015 - 7:25 am
In a post, The Deal notes that private equity firms with designs on GE Antares might find themselves at a disadvantage versus conventional banks since they already operate as Systemically Important Financial Institutions. read more
MAY 13, 2015 - 7:16 am
The Wall Street Journal reported GE has decided to keep its employees locked up by asking bidders for the GE Antares business to sign a “nonhire” clause. read more
MAY 11, 2015 - 7:31 am
CIT said its Real Estate Finance group provided a $57.5 million senior secured loan to a joint venture between RedSky Capital, JZ Capital and other investors to acquire property along the Brooklyn waterfront. read more
MAY 5, 2015 - 7:08 am
Preston Hollow Capital announced it closed on a $175 million equity investment commitment from Trident VI and its affiliate Stone Point Capital to expand its municipal finance specialty origination platform. read more
APR 27, 2015 - 6:50 am
Bloomberg reported that the U.S. Senate Banking Committee plans to consider legislation next month to seek restrictions on the Fed while freeing small and regional banks from parts of the Dodd-Frank Act. read more
APR 16, 2015 - 7:06 am
The New York Times notes in a report that shrinking GE Capital will keep M&A practitioners busy for a while, but borrowing by the financial giant has been the biggest moneymaker for investment bankers over the last 15 years. read more
APR 15, 2015 - 7:34 am
DLL announced it launched a new white paper, “Realizing Opportunities of a Circular Business Model”, to provide practical guidance for business leaders preparing for the circular economy. read more
APR 15, 2015 - 7:32 am
In a research report, Zacks Equity noted the only financial operations that will be retained by General Electric will include verticals like GE Capital Aviation Services, Energy Financial and Healthcare Equipment Finance. read more
APR 14, 2015 - 7:25 am