Textron Aviation delivered the first Cessna Citation Longitude business jet registered in Mexico to a customer who plans to utilize the aircraft for business travel throughout Mexico and the rest of North America. read more
JUL 7, 2023 - 7:05 am
McGrath RentCorp, a business-to-business rental company in North America, acquired the assets of Inland Leasing and Storage, a regional provider of portable storage solutions in the Colorado market. The transaction was funded with borrowings from McGrath’s revolving credit facility. read more
JUL 7, 2023 - 7:02 am
According to new data from the International Data Corporation's Worldwide Semiannual Public Cloud Services Tracker, worldwide revenue for the public cloud services market totaled $545.8 billion in 2022, an increase of 22.9% over 2021. read more
JUL 7, 2023 - 7:01 am
According to the latest Services ISM Report on Business from the Institute for Supply Management, economic activity in the services sector expanded in June for the sixth consecutive month as the Services PMI registered 53.9%. read more
JUL 7, 2023 - 6:59 am
Icelandair and Airbus signed a memorandum of understanding for the purchase of 25 Airbus A321XLR aircraft on April 7 and the final purchase agreement has now been finalized. Icelandair made 13 A321XLR firm orders and has purchase rights for up to 12 additional aircraft. read more
JUL 7, 2023 - 6:57 am
Amur Equipment Finance completed its 12th term securitization and issued $377 million in notes secured by equipment loans and leases originated through its platform. The transaction was rated by S&P and Moody’s, making this Amur’s first transaction rated by S&P. read more
JUL 6, 2023 - 7:04 am
St. Louis-based Commercial Industrial Finance (CIF) became Republic Bank Finance following the final completion of the merger of CIF with Republic Bank. CIF was acquired by Republic Bank & Trust Company and its parent company, Republic Bancorp, in March, as part of the acquisition of CIF’s former parent company, CBank. read more
JUL 6, 2023 - 7:03 am
Wintrust Specialty Finance announced Barry Hart joined the company as vice president of business development – industrial. Hart will be located in the Dallas-Fort Worth area in Texas and will be focused on expanding Wintrust Specialty Finance’s overall industrial lending business across the United States. read more
JUL 6, 2023 - 7:01 am
First Citizens Bank named Joe Kernan a new relationship manager in its healthcare finance business, which part of the bank’s CIT division. Kernan is based in Pasadena, CA, and will support healthcare clients in the western United States. read more
JUL 6, 2023 - 7:00 am
CIBC Innovation Banking expanded its North American team by hiring Ben Shephard as an executive director based in the company’s office in New York and Sean Thompson as managing director and market lead in the company’s Menlo Park office in San Francisco. read more
JUL 6, 2023 - 6:58 am
Banc of California Inc., the holding company for Banc of California, appointed Joseph Kauder executive vice president and CFO of the company and the bank, effective July 10. Kauder will succeed Lynn Hopkins, who stepped down from the company in March. read more
JUL 6, 2023 - 6:57 am
Matt de Aguiar, CLFP, chief operating officer of Fleet Advantage, a provider of Class 8 fleet data analytics, equipment financing and life cycle cost management, was selected to the South Florida Business Journal’s 40 Under 40 list. read more
JUL 6, 2023 - 6:55 am
Kroll Bond Rating Agency assigned preliminary ratings to four classes of notes issued by MassMutual Asset Finance Equipment Finance 2023-A (MMAF 2023-A), MassMutual Asset Finance’s 19th equipment ABS transaction. read more
JUL 6, 2023 - 6:54 am
Channel has been honored as a Star Tribune Top 200 Workplace, ranking fifth among the midsize Minnesota companies list for the second consecutive year. read more
JUL 5, 2023 - 7:15 am
Transport Enterprise Leasing unveiled a new 56,000 square-foot fleet maintenance and reconditioning facility in Greenfield, IN, in the east Indianapolis metro area. read more
JUL 5, 2023 - 7:12 am