Of Interest

NETSOL Technologies’ LeasePak Cloud Platform Goes Live with MotoLease

NETSOL Technologies launched LeasePak Cloud, an all-inclusive cloud-based asset leasing and lending solution, with MotoLease. read more

B Capital Group Closes $360MM Fund

B Capital Group, a digital technology investment firm that invests in healthcare, fintech, industrial logistics and consumer enablement companies, closed its B Capital Fund at $360 million. read more

Immelt Appointed Chairman of athenahealth Board of Directors

The board of directors of athenahealth unanimously appointed Jeff Immelt, former GE chairman and CEO, chairman of athenahealth, effective February 7, 2018. read more

CIT Arranges $180MM in Financing for HCT Group

The Corporate Banking unit of CIT’s Commercial Finance business arranged for $180 million in financing for HCT Group. read more

Siemens: Digital Skills, Access to Finance Challenges for Industry 4.0

A new research reported from Siemens Financial Services identified six key challenges facing manufacturers in the process of moving to an “Industry 4.0” model. read more

ICBA Commends Fed for ‘Equitable Treatment of Wells Fargo’

ICBA commended the Federal Reserve for "equitable treatment of Wells Fargo following the megabank’s repeated consumer abuses.” read more

Fed Restricts Wells Fargo’s Growth Until Governance and Controls Improve

Responding to widespread consumer abuses and compliance breakdowns by Wells Fargo, the Federal Reserve said it would restrict the bank’s growth until it sufficiently improves its governance and controls. read more

White Clarke Group Co-Founder Receives IAFN’s Tech Hall of Fame Award

White Clarke Group’s Dr. Ed White received the International Auto Finance Network ‘Technology Hall of Fame 2018’ award for his contribution to the industry. read more

Federal Reserve Maintains Interest Rates at Current Level

The Federal Reserve voted unanimously to keep interest rates unchanged at 1.25 to 1.5%. The FMOC noted that the labor market has continued to strengthen and economic activity has been rising at a solid rate. read more

Survey: Half of Small Business Owners Unfamiliar with Tax Cuts & Jobs Act

Balboa Capital’s latest survey demonstrated that half of small business owners are not aware of Tax Cuts and Jobs Act or how it might affect their companies. read more

Fair and Uber Partner, Fair Acquires Xchange Leasing Portfolio

As part of a new partnership, tech-enabled car ownership company Fair will acquire the active lease portfolio of Uber’s subsidiary Xchange Leasing, which includes existing lease contracts and vehicles. read more

KBRA Releases Research Report on Whole Business Securitizations

A Kroll Bond Rating Agency survey found that 80% of publicly traded restaurant chains are exploring online delivery options, which KBRA view as a positive trend for whole business noteholders. read more

U.S. Crude Oil Prices Rise to Three-Year High

The Wall Street Journal reported that U.S. crude oil prices have climbed to more than $70 a barrel as suppliers have capped production and stockpiles are shrinking. read more

Decisiv Adds VP of Finance/Treasurer

David Settle joined Decisiv as vice president of finance and treasurer. Settle has been a member of the board of directors and an advisor for the company over the last several quarters. read more

Baker Hughes Reports Y/Y and M/M Increases in December Rig Count

Baker Hughes reported the international rig count for December 2017 was 954, up 12 from the 942 counted in November 2017, and up 25 from the 929 counted in December 2016. read more

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