News

Wells Fargo Appoints Owen, Van Beurden to Tech Leadership Positions

Wells Fargo named Gary Owen chief information security officer and head of Information Security and Steve Hagerman head of Consumer Lending Technology. Both will report directly to Saul Van Beurden, head of Technology. read more

Wintrust Financial Completes Acquisition of Oak Bank

Wintrust Financial completed its previously announced acquisition of Rush-Oak Corporation (ROC), the parent company of Oak Bank. read more

Komatsu Europe Chooses RB Asset Solutions to Manage Asset Remarketing

OEM dealer network Komatsu Europe selected Ritchie Bros.' RB Asset Solutions, a cloud-based SaaS solution and suite of tools and services, to help it better manage its assets internally and remarket its used equipment online. read more

CLFP Foundation Welcomes 69 New CLFPs & Associates

The Certified Lease & Finance Professional Foundation added 69 individuals who sat through the 8-hour online CLFP exam during the months of April and May 2019 and successfully passed. read more

ACT Research: Used Truck Prices Rise 12% YTD; Unit Sales Drop 16% YTD

The average price of total used Class 8 trucks in April was up 6% month-over-month and up 12% year-to-date, according to ACT Research’s latest State of the Industry: U.S. Classes 3-8 Used Trucks. read more

AviaAM Leasing Sells Airbus 321-200 w/Lease to Aergo Capital

AviaAM Leasing sold one Airbus 321-200 with a lease attached to SmartLynx Airlines to Aergo Capital. read more

WSJ: Tractors Take Hit from Tariff Trickle Down

According to the Wall Street Journal, manufacturers of tractors and other farming equipment report weak demand for new equipment as the industry’s on-going slump continues to be exacerbated by trade tensions between the U.S. and China. read more

Lespada Joins WSFS as SVP/Director of Retail Strategy

Martin Lespada joined WSFS Bank as senior vice president, director of Retail Strategy. Lespada will be responsible for the planning and execution of WSFS’ retail-banking blueprint. read more

DLL Celebrates 50th Anniversary in May

DLL will celebrate its 50-year anniversary on May 29. Starting as a financing company with three employees in a small Dutch village, DLL has evolved to become an award-winning, global vendor finance company. read more

McMahon Named BBVA USA Head of Engineering

BBVA USA named Kevin McMahon its new U.S. head of Engineering, where he will be responsible for the company's overall IT strategy. McMahon succeeds Jorge Ortiz, who is leaving the company to pursue other professional opportunities. read more

Barclays Taps Wright as Co-Head of U.S. ECM

Taylor Wright has been named as a managing director and co-head of Barclays' U.S. Equity Capital Markets. read more

Reliant Bancorp Elects Ten to Board at Shareholder Meeting

Reliant Bancorp elected ten directors and ratified the selection of Maggart & Associates as its independent audit firm for fiscal year 2019 at its 2019 annual shareholder meeting. read more

BOC Aviation Places Six Aircraft with Vistara

BOC Aviation placed four Boeing 737-800 NG aircraft – including two from the managed fleet - and two Airbus A320NEO aircraft with Indian carrier Vistara. read more

Harley-Davidson Pursues New Customers with Expanded In-House Financing

According to the Wall Street Journal, Harley-Davidson has ramped up its in-house financing arm in the last few years as it continues to seek out new customers beyond its primary aging baby boomer demographic. read more

DLL Joins TechSelect as New Channel Financing Partner

Global asset-based financial solutions company DLL has been named the newest member and channel financing partner to TechSelect, Tech Data’s elite group of IT solution providers. read more

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