The Wall Street Journal reported that the Securities and Exchange Commission is looking into GE Capital’s revenue recognition practices for “long-term service contracts.” read more
JAN 25, 2018 - 6:26 am
The Wall Street Journal reported Jerome Powell was named the 16th chairman of the Federal Reserve as he was confirmed by the Senate. read more
JAN 24, 2018 - 7:15 am
Reuters reported that Alec Burger, chief executive of GECAS, does not anticipate a sale of the company by GE. read more
JAN 23, 2018 - 6:48 am
Willis Lease Finance gave all non-executive employees a one-time bonus of $1,000 as a result of the tax laws recently passed by U.S. Congress. read more
JAN 22, 2018 - 6:31 am
Bloomberg reported, citing Labor Department data, that the 2018 job market could experience constriction based on the fact that the U.S. recorded its fewest filings for unemployment benefits in 45 years. read more
JAN 19, 2018 - 7:34 am
Ritchie Bros. acquired Leake Auction, an Oklahoma-based collector car auctioneer, established in 1972. read more
JAN 19, 2018 - 7:00 am
Fleet Advantage reached a significant company milestone, securing $1 billion in total lease originations, with more than $200 million in originations in 2017 alone. read more
JAN 18, 2018 - 5:31 am
The Wall Street Journal reported that GE Capital CEO John Flannery said he is considering breaking company divisions off into separately traded units. read more
JAN 17, 2018 - 7:08 am
Asset finance consulting and services partnership Invigors EMEA, the European arm of The Alta Group, appointed Kieran O’Brien network member for Ireland. read more
JAN 16, 2018 - 6:50 am
Reuters reported the delay of lease payments from several airlines that are connected to HNA Group to lessors and the Export-Import Bank of China. read more
JAN 16, 2018 - 6:38 am
Cloud Lending Solutions was recognized as a “Top 25 FinTech Company for 2017” by APAC CIO Outlook Magazine. read more
JAN 12, 2018 - 7:27 am
NETSOL Technologies launched its point of sale (POS) system for FCA Automotive Finance in China. read more
JAN 12, 2018 - 7:01 am
Bloomberg reported that credit cards are being used to buy bitcoin by 18% of those that choose to invest in the cryptocurrency. read more
JAN 12, 2018 - 6:52 am
The FDIC issued its winter issue of the “Underwriting Trends and Other Highlights” survey which focuses on trends in underwriting, loan growth and funding. read more
JAN 11, 2018 - 7:20 am
The American Bankruptcy Institute reported December Chapter 11 filings were 699, up 107% from the previous year. Calendar year 2017 Chapter 11 filings were 5,744, a 6% increase from 5,447 filings in 2016. read more
JAN 8, 2018 - 7:33 am