News

Regions Bank Hires Evans as Market Executive in San Antonio

Regions Bank named Mark Evans the company’s first market executive focused exclusively on San Antonio, further expanding its presence in Texas. Evans is assuming this new role following a decade leading Regions’ commercial banking strategies in north Louisiana and east Texas. read more

CLFP Foundation Adds 20 New CLFPs

The Certified Lease & Finance Professional Foundation reported that 20 individuals recently passed the eight-hour online proctored CLFP exam. read more

Crédit Agricole Finalizes Acquisition of 30% Stake in Watèa by Michelin

Crédit Agricole Leasing & Factoring finalized the acquisition of a 30% stake in Watèa by Michelin, a provider of green mobility solutions. read more

US Med-Equip Becomes Exclusive Distributor of Paramount Bed Medical Equipment

Paramount Bed, a provider of hospital beds and assistive mobility devices, chose US Med-Equip to become the exclusive U.S. distributor of its medical equipment.  read more

GA Telesis Delivers 737-800SF Aircraft to Bluebird Nordic

GA Telesis delivered the first of two scheduled 737-800SF aircraft to Bluebird Nordic (BBN). The aircraft, owned by Tokyo Century, was delivered from Aeronautical Engineering’s authorized conversion center for commercial jets in Dothan, AL.  read more

GBank Appoints Campbell EVP and COO

GBank Financial Holdings, the parent company for GBank, appointed Tara A. Campbell executive vice president and chief operating officer of GBank. Prior to joining GBank, Campbell was director of operations at Dallas Capital Bank. read more

Economic Activity in Hospital Subsector Grows in March

According to the Institute for Supply Management’s latest hospital subsector report, economic activity in the hospital subsector grew in March for the 34th consecutive month. read more

Circle 8 Hires Former Sterling Crane President as CEO

Circle 8, a crane rental and lifting solutions provider, hired Arnold Mabee as its new CEO. With more than 30 years of operational and senior management experience, Mabee previously served as president of Sterling Crane, doubling the company’s revenue during his tenure. read more

Virgin Orbit Commences Voluntary Chapter 11 Proceeding

Virgin Orbit Holdings and its U.S. subsidiaries, a responsive space launch provider, commenced a voluntary proceeding under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court in the District of Delaware in order to effectuate a sale of the business. read more

Regions Bank Launches Initiative to Grow Black-Owned Businesses in Birmingham, AL

Regions Bank launched the Birmingham Black-Owned Business initiative, led by Kendra Key, who recently joined the bank as senior vice president in its community affairs division. The initiative is designed to support more Black-owned businesses in Birmingham, AL, where Regions is headquartered. read more

Huntington National Bank Names Corts Regional Banking Director

Huntington National Bank named Christian Corts director. In this role, Corts will oversee the bank’s regional banking teams across its 11-state footprint. He will be based in Columbus, OH. read more

Air Lease Records $1.4B in Aircraft Investments in Q1/23

Air Lease delivered 22 new aircraft from its order book in Q1/23, including six Airbus A321neos, two Airbus A330-900neos, one Airbus A350-900, five Boeing 737-8s and eight Boeing 737-9s. The company also recorded aircraft investments of approximately $1.4 billion during the quarter. read more

Icelandair and Airbus Sign Agreement for Purchase of 25 Airbus A321XLR Aircraft

Icelandair and Airbus signed a memorandum of understanding for the purchase of 25 Airbus A321XLR aircraft. The aircraft deliveries will start in 2029.  read more

Pathward Earns Great Place to Work Certification for First Time

Pathward achieved Great Place to Work certification for the first time. This year, 78% of the company’s employees said it is a great place to work, which is 21 points higher than the average U.S. company. read more

CoBank: Resilient Labor Market Delays Economic Slowdown

According to a new quarterly report from CoBank, inflation remains the biggest economic challenge ahead, but a strong job market and demand for labor is preventing the economy from cooling too quickly. read more

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