News

Santa Cruz County Bank Names Luong VP, Sr. Relationship Manager for Silicon Valley Area

Santa Cruz County Bank hired Michael Davis Luong as vice president and senior relationship manager for the bank's Silicon Valley region. He is based out of the bank's Cupertino office where he will be serve for the Silicon Valley and the Greater Bay Area. read more

Amerant Bank Names Vérot Moore Houston Market President

Amerant Bank appointed Caroline Vérot Moore executive vice president and Houston market president. Vérot Moore will oversee multiple business sectors in the market, including commercial banking, specialty finance and treasury management. read more

Classes 5-8 Production Exceeds Build Plans in March as Interest Rates Increase

According to ACT Research’s latest State of the Industry: NA Classes 5-8 report, the trucking industry demand was quite healthy in March, despite the turmoil experienced in the banking sector and yet another interest rate increase. read more

Mitsubishi HC Capital America’s Sustainable Development Group Dedicates Resources to Clean Energy Solutions

Mitsubishi HC Capital America has dedicated additional resources aimed at helping clients meet their own clean energy goals through its integrated sustainable development group, which has team members based across the United States and Canada. read more

BMO Names Hackett US CEO of BMO Financial Group

BMO appointed Darrel Hackett U.S. CEO of BMO Financial Group, president and CEO of BMO Harris Bank and CEO of BMO's U.S. holding company, BMO Financial Corp. Hackett's appointment follows the retirement announcement of Dave Casper. read more

CNH Industrial Capital Partners with Assurant to Provide Insurance Products to Dealers

Assurant is partnering with CNH Industrial Capital America and CNH Industrial Capital Canada to offer dealers in the United States multiple equipment protection and insurance products for their customers. read more

PacLease Names MHC Truck Leasing North American Franchise of the Year

PacLease named MHC Truck Leasing its North American franchise of the year for its efforts in 2022. MHC Truck Leasing is a six-time recipient of the award. read more

IDB Bank Appoints Miron California Region Manager

IDB Bank, a New York-based private and commercial bank, appointed Michal Miron executive vice president and California region manager. In this role, she will lead the bank’s West Coast operations and strategic growth agenda across the region. read more

Fulton Bank Launches Diverse Business Banking Program

Fulton Bank, a subsidiary of Fulton Financial, launched a diverse business banking program designed to meet the needs of minority, women, veteran and LGBTQ-owned businesses. read more

Hilco Corporate Finance Names Klein Senior Managing Director of New York Office

Hilco Corporate Finance named Richard S. Klein senior managing director of its New York office. Klein will further expand the range and experience of Hilco Corporate Finance’s special situation and restructuring investment banking services. read more

Despite a Drop in Preliminary Net Trailer Orders, Demand Remains Healthy

According to ACT Research, March’s preliminary net trailer orders decreased sequentially and were lower against longer-term comparisons, with 16,800 units projected to have been booked during the month. Final March results will be available later in April. read more

Confidence in Equipment Finance Industry Decreases in April

According to the recently released Monthly Confidence Index for the Equipment Finance Industry (MCI-EFI) by the Equipment Leasing & Finance Foundation, overall confidence in the equipment finance market is 47, a decrease from the March index of 50.3. read more

SLR Equipment Finance Names Ross SVP and Head of Sales

SLR Equipment Finance named Matt Ross senior vice president and head of sales. In his position, Ross will lead the company’s direct sales team to drive growth for equipment lessors. Ross was most recently with Mitsubishi HC Capital. read more

QuickFi Among Finalists at 2023 Credit Awards for Best Use of Tech, End-to-End Credit Solutions

The London-based 2023 Credit Awards selected QuickFi as a finalist for the Best Use of Technology, End-to-End Credit Solutions award. read more

Former Balboa Capital Content Manager Launches Financial Content Writing Business

Kevan Wilkinson, who previously served as digital content manager and writer at Balboa Capital for more than a decade, launched Kevan Writes, a new fintech and financial content writing business. read more

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