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ELFF Forecasts 4.2% Equipment and Software Investment Growth in 2022

According to the Q2/22 update to the 2022 Equipment Leasing & Finance U.S. Economic Outlook from the Equipment Leasing & Finance Foundation, equipment and software investment is expected to grow by 4.2% and U.S. GDP is expected to grow by 2.8% in 2022. read more

Sheppard Mullin Expands Energy, Infrastructure and Project Finance Industry Team

Joseph M. Karp, Christine A. Kolosov, Lisa A. Cottle and Thomas W. Solomon joined Sheppard, Mullin, Richter & Hampton as partners on its energy, infrastructure and project finance industry team. The group joined from Winston & Strawn. read more

Logan Joins Equipment Leasing Group of America as SVP of Business Development

Tim Logan joined Equipment Leasing Group of America as senior vice president of business development. Logan has prior experience as a senior vice president of credit, chief risk officer and senior vice president of credit operations. read more

BNP Paribas Appoints Riccadonna Chief U.S. Economist

BNP Paribas appointed Carl Riccadonna chief U.S. economist for Markets 360, the bank’s market strategy and economics division. read more

Pathfinder Bank Names Dowd Interim President and CEO Following Schneider’s Resignation

The board of directors of Pathfinder Bancorp, the bank holding company of Pathfinder Bank, appointed James A. Dowd interim president and CEO, effective immediately, to replace Thomas W. Schneider following his resignation. read more

DLL Names Sobczak US Commercial Leader of Structured Finance for Office Equipment Unit

DLL named Eric Sobczak U.S. commercial leader of structured finance for its office equipment business unit. read more

Spence to Succeed Carmichael as CEO of Fifth Third Bank

Tim Spence will succeed Greg Carmichael as CEO of Fifth Third Bank following Carmichael’s retirement, which will take effect on July 5. Following his retirement, Carmichael will become executive chairman for the bank. read more

Encina Equipment Finance Hires Li Flynn as VP for Risk Team

Encina Equipment Finance hired Li Flynn as vice president for its risk team. Flynn will primarily be responsible for new business underwriting and will also have portfolio management responsibilities. read more

Quality Leasing Adds Clifford to Sales Team

Quality Leasing added Andre Clifford, CLFP, to its sales team as a sales consultant. Prior joining Quality Leasing, Clifford was vice president of BankFinancial’s small-ticket equipment finance division. read more

TD Bank Grows Reach in Philadelphia with Executive Promotions

TD Bank promoted Geoff Brandon, Mike Tremble, Tommy Berner and Benjamin Kruger to key positions to support and grow the bank's goal of supporting communities and businesses in the Delaware Valley. read more

SLR Equipment Finance Hires Harke as VP of Business Development

Erik Harke joined SLR Equipment Finance as vice president of business development. Harke will help grow SLR Equipment Finance’s leasing and lending activities in the West Coast region of the United States. read more

CIT Appoints Black Managing Director and Group Head for Lender Finance

CIT appointed Geoff Black to the position of managing director and group head for the lender finance business within its business capital division. Black joined CIT in 2006 and, in his most recent role, he was responsible for originating and growing relationships. read more

Dext Capital Promotes Hamel to SVP of Capital Markets

Dext Capital promoted Donna Hamel to senior vice president of capital markets. Hamel joined Dext Capital in 2019 with a focus on building relationships with qualified finance companies and banks before helping to develop and grow Dext Capital’s capital markets division. read more

Univest Capital Hires McLaughlin as Credit Analyst

Univest Capital, a subsidiary of Univest Bank and Trust, hired Deirdre McLaughlin as a credit analyst. In this role, McLaughlin will assess the credit risk of commercial business transactions and support brokers and syndication partners. read more

Maichin Joins Dime Community Bank as Head of Middle-Market Lending

Robert Maichin joined Dime Community Bancshares, the parent company of Dime Community Bank, as head of middle-market lending. In this role, Maichin will lead Dime’s middle-market commercial lending operations and also build out specialized lending niches. read more

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