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Encina Private Credit Adds Nalitt as Managing Director and White as SVP

Encina Private Credit appointed Ian Nalitt as managing director of originations, and Brian White as senior vice president of capital markets. read more

Mack to Retire as CEO of Consumer and Small Business Banking at Wells Fargo

Mary Mack will retire this summer as CEO of consumer and small business banking (CSBB) at Wells Fargo. Saul Van Beurden, the current head of technology for the company, will succeed Mack, effective May 15. read more

BNP Paribas Appoints Marshall Head of US Rates Strategy

BNP Paribas appointed Will Marshall head of U.S. rates strategy. He will join Markets 360, the bank’s market strategy and economics division. In his role, Marshall will lead the bank’s strategy coverage of all U.S. rates products.  read more

Mitsubishi HC Capital America Expands Transportation Finance Capabilities

Mitsubishi HC Capital America is expanding its transportation division following the company’s integration with ENGS Commercial Finance and Mitsubishi HC Capital America (U.S.A.) on April 1. read more

US Bank Appoints New Executive Leaders to Succeed Quinn and Kelligrew

U.S. Bank appointed new members to its executive leadership team to succeed Kate Quinn, vice chair and chief administrative officer, and Jim Kelligrew, vice chair of corporate and commercial banking, who will retire on June 30. read more

Citizens Financial Group Names Stein to Succeed Griggs as Chief Risk Officer

Richard Stein will assume the role of chief risk officer of Citizens Financial Group upon the retirement of Malcolm Griggs in Q1/24. Stein will join Citizens from Fifth Third Bancorp, where he most recently served as executive vice president and chief credit officer. read more

Chapman Freeborn Appoints Collier President of ACMI Leasing

Chapman Freeborn, a global air charter and leasing specialist, appointed Scott Collier president of ACMI leasing to lead the company’s newly-formed global ACMI department. read more

HSBC Adds ‘Dozens’ of Former Silicon Valley Bank Employees to US Division

According to Reuters, David Sabow, the former head of technology and healthcare in North America for Silicon Valley Bank, is leading a team of “dozens” of former Silicon Valley Bank employees in joining HSBC’s U.S. division. read more

Honour Capital Names Bomier Sales Specialist

Honour Capital named Kelly Bomier sales specialist. Most recently, Bomier served as president for Five Star Capital, where she brokered equipment financing for the motorcoach, school bus, tow, refuse, agriculture and construction industries.  read more

Navitas Credit Names Baccaro VP of Business Development and Sales

Navitas Credit hired Len Baccaro as vice president of business development and sales in its strategic accounts division. Prior to joining Navitas, Baccaro owned and sold two equipment brokerage firms and worked for First Sierra Financial and Ascentium Capital. read more

Texas Capital Bank Appoints Youngberg Jr. Chief Risk Officer

Texas Capital Bank appointed David A. Youngberg Jr. managing director and chief credit officer. Youngberg will be responsible for directing the strategy for Texas Capital Bank’s credit approval, underwriting and monitoring processes. read more

Crowl to Succeed O’Leary as Chief Lending Officer at 1st Security Bank

1st Security Bank of Washington named Ben Crowl to succeed Dennis O’Leary as chief lending officer, effective July 1. O’Leary has served as the bank’s chief lending officer since 2013. read more

First Federal Bank Launches New Equipment Finance Business Line

First Federal Bank launched a corporate equipment financing line of business, a recent addition to its capital solutions division. The new team will be led by William Badgio. read more

James Possehl, Founder of Republic Financial Corp, Passes Away at 78

James Possehl, the founder of Republic Financial Corporation and a member of the Equipment Leasing and Finance Association Hall of Fame, passed away last week. He was 78 years old. read more

Oakmont Capital Services Promotes Strangler, Birr and Laird

Oakmont Capital Services promoted Sara Birr and Trista Strangler to supervisor roles at its Minnesota location and Melanie Laird to a finance coordinator role at its Pennsylvania headquarters. read more

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Terry Mulreany
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