PIMCO, a fixed income investment manager, and GE Capital Aviation Services reached a preliminary agreement to develop an aviation leasing platform to support up to $3 billion in aircraft asset financings. read more

OCT 20, 2020 - 7:17 am

Arboretum Commercial Finance hired industry-veteran John Martella as a business development officer for its expanding middle market operations. read more

OCT 20, 2020 - 7:15 am

Old Second Bancorp, the holding company for Old Second National Bank, added two new members to its board of directors, including Jill E. York, who most recently served as president and head of equipment finance and leasing solutions for Fifth Third Bank until April 2020. read more

OCT 20, 2020 - 7:13 am

Fleet Advantage has been active in the sales of off-lease used trucks this year, with total units sold exceeding 400 units and sales in excess of $10 million in its fiscal first quarter ending Sept. 30, 2020. read more

OCT 20, 2020 - 7:12 am

David Kelly joined SMBC as U.S. chief information officer. Kelly has more than 20 years of experience, having most recently served as CMG’s chief technology officer. read more

OCT 20, 2020 - 7:09 am

North Star Leasing is donating a portable wood conveyor to Wood for Good, an initiative donating firewood to Vermonters who need to heat their homes. read more

OCT 20, 2020 - 7:07 am

Align Business Finance recently completed $27 million in transactions, including a $17 million capital lease for a heavy construction company in California. read more

OCT 20, 2020 - 7:04 am

According to ACT Research’s latest State of the Industry: NA Classes 5-8 Report, commercial vehicle demand into 2021 should not be counted among the concerns regarding the economy in the coming months. read more

OCT 20, 2020 - 7:01 am

Compensation in the equipment finance industry increased moderately in 2019, according to the 2020 Equipment Leasing and Finance Compensation Survey from the Equipment Leasing and Finance Association and McLagan. read more

OCT 19, 2020 - 7:05 am

The National Equipment Finance Association held its 2020 Annual Meeting virtually on Oct. 15. During the meeting, Laura Carini, CLFP, of Financial Pacific Leasing was named new president and chairwoman of the board. read more

OCT 19, 2020 - 7:03 am

Great Place to Work and Fortune honored First American Equipment Finance as No. 22 on the 2020 Best Small & Medium Workplaces list, marking the company’s fifth consecutive year on the list. read more

OCT 19, 2020 - 7:01 am

Lucy To joined Wells Fargo Corporate & Investment Banking’s healthcare coverage group as a managing director focused on the biotech investment banking sector. To joined Wells Fargo from Deutsche Bank. read more

OCT 19, 2020 - 6:58 am

First Citizens BancShares, the parent company of First-Citizens Bank & Trust Company, and CIT Group, the parent company of CIT Bank, will combine in an all-stock merger of equals to create the 19th largest bank in the United States based on assets. read more

OCT 19, 2020 - 6:57 am

Mitsubishi UFJ Financial Group will launch a capital markets strategy group. Tom Joyce, who joined MUFG from Deutsche Bank, will lead the new group. read more

OCT 19, 2020 - 6:53 am

Kroll Bond Rating Agency assigned preliminary ratings to Trinity Rail Leasing 2020, Series 2020-2 Class A-1 notes, Class A-2 notes and Class B notes issued by Trinity Rail Leasing 2020, a railcar leasing securitization. read more

OCT 19, 2020 - 6:52 am