Reuters reported that First Citizens Bank filed a lawsuit against HSBC after it hired “dozens” of former Silicon Valley Bank employees in April. According to Reuters, First Citizens is alleging that HSBC “violated federal law by hiring away the workers.” read more

MAY 23, 2023 - 7:00 am

First Citizens Bank’s healthcare finance group, part of the CIT division, provided $30 million to refinance the Amavida Living Community in Fort Myers, FL. read more

MAY 18, 2023 - 6:41 am

After June 30, U.S. Bank will replace three-month LIBOR with three-month CME term SOFR as the reference rate for certain outstanding floating rate or fixed-to-floating rate debt securities, preferred stock represented by depositary shares, income trust securities and preferred stock. read more

MAY 17, 2023 - 7:07 am

Wells Fargo issued debt securities, certificates of deposit, trust preferred securities and preferred stock and related depositary shares that reference the London Interbank Offered Rate (LIBOR) for deposits in U.S. dollars for a three-month tenor. read more

MAY 15, 2023 - 6:47 am

Dakota Financial made Inc.’s annual Best Workplaces list and will be featured in the magazine’s May/June 2023 issue, which will hit newsstands and Inc.com on May 16. read more

MAY 9, 2023 - 7:10 am

Small business bankruptcy filings, captured as Subchapter V elections within Chapter 11, increased 81% year over year in April, according to Epiq Bankruptcy. All Chapter 11 filings increased 32% year over year in April. read more

MAY 3, 2023 - 6:57 am

IAA, a Ritchie Bros. company, made real estate investments in New York, Indiana, Connecticut and Delaware, opening branches in Staten Island, NY, and Fort Wayne, IN, and buying out the leases at two existing branches in Connecticut and Delaware. read more

APR 28, 2023 - 6:59 am

Element Fleet Management issued $750 million of vehicle management asset-backed term notes and syndicated $690 million of U.S. fleet lease receivable assets. read more

APR 26, 2023 - 7:06 am

According to Air Transport Services Group’s 2022 sustainability report, operational improvements at the company from 2021 to 2022 resulted in relative reductions in jet fuel usage of 19.9 million gallons and carbon dioxide emissions of 191,000 tons. read more

APR 24, 2023 - 7:07 am

Medstream Anesthesia Solutions joined National Partners in Healthcare, a healthcare organization that provides anesthesiology services. Texas Capital Bank agented and arranged a $125 million senior secured debt facility to support the acquisition. read more

APR 24, 2023 - 7:05 am

The Truck Renting and Leasing Association (TRALA) honored Tom Fleming of Aim NationaLease with the Steve Lawrence Legacy Award during its 2023 annual meeting at the Hyatt Regency Coconut Point Resort in Bonita Springs, FL. read more

APR 24, 2023 - 7:03 am

PacLease named MHC Truck Leasing its North American franchise of the year for its efforts in 2022. MHC Truck Leasing is a six-time recipient of the award. read more

APR 21, 2023 - 6:53 am

The London-based 2023 Credit Awards selected QuickFi as a finalist for the Best Use of Technology, End-to-End Credit Solutions award. read more

APR 20, 2023 - 6:54 am

Intrinsic, a national valuation and transaction advisory firm based in Denver, launched a separate fixed asset valuation practice. read more

APR 17, 2023 - 7:01 am

Coca-Cola Canada Bottling is set to acquire six Volvo VNR electric trucks as part of a pilot program to service its ‘Red Fleet’ customer delivery routes throughout the greater Montreal area. read more

APR 14, 2023 - 6:51 am