News

NETSOL Technologies Earns AWS CloudFormation Qualification

NETSOL Technologies earned the AWS CloudFormation Service Delivery Qualification for its expertise in deploying and managing infrastructure on the AWS Cloud using CloudFormation. read more

AerCap Signs 155 Lease Agreements, $6.7B in Financing Transactions in Q1/23

AerCap signed 155 lease agreements in Q1/23, including agreements for 18 widebody aircraft, 58 narrowbody aircraft, 55 engines and 24 helicopters. In addition, AerCap signed financing transactions for approximately $6.7 billion in the quarter. read more

Webster Bank Promotes Massiani to President, Motl to Senior EVP

Webster Bank promoted Luis Massiani to senior executive vice president and appointed him president of the bank, while promoting Chris Motl to senior executive vice president. read more

BankUnited Adds Brandt, Boritz and Obregon to Corporate Banking Division

BankUnited added Jeffrey Brandt as senior vice president and corporate banking producing team leader, Eric Boritz as senior vice president and corporate banking relationship manager and Ilian Obregon as senior vice president and corporate banking relationship manager. read more

Washington Trust Initiates Multiple C-Suite Level Promotions

Washington Trust promoted Anthony Botelho to chief commercial lending officer, Elizabeth Boyle Eckel to chief marketing and corporate communications officer, James Mignone to chief information officer, and Julia Anne Slom to chief commercial real estate lending officer. read more

Mitsubishi Power and Warwick Carbon Solutions Partner to Advance Decarbonization Projects

Mitsubishi Power and Warwick Carbon Solutions Development Company entered into a joint development agreement to advance decarbonization projects among energy and industrial sectors. read more

DataScan Partners with CheckVentory to Launch uVerifi in North America

DataScan, a provider of solutions for wholesale asset financing and inventory risk management, partnered with CheckVentory, a software-as-a-service provider, to bring uVerifi, a digital auditing tool, to the U.S. and Canadian markets. read more

Avolon Executes 31 Lease Transactions in Q1/23

Avolon reported fleet metrics and business highlights from Q1/23. During the quarter, the aircraft leasing company executed 31 lease transactions comprising new aircraft leases, follow-on leases and lease extensions. read more

Service Sector Economic Activity Expands for Third-Straight Month in March

According to the Institute for Supply Management’s latest service report, economic activity in the services sector expanded in March for the third consecutive month, as the Services PMI registered 51.2%. The sector has grown in 33 of the last 34 months, with the lone contraction during that span in December. read more

Class 8 Truck Orders at 19.2K Units in March, Down 10% Y/Y

North American Class 8 net orders in March were 19,200 units, down 10% year over year, while North American Classes 5-7 net orders were 18,600 units, according to preliminary data from ACT Research. read more

LEAF Commercial Capital Names Herman CEO, DeMent to Continue Serving as Chairman

Miles Herman will assume the role of CEO of LEAF Commercial Capital. Former CEO Crit DeMent will continue to serve the company as chairman. Herman was formerly president and COO of the company, which DeMent and Herman founded in 2001. read more

CNH Industrial Capital Prices $600MM in Notes Due 2028

CNH Industrial Capital, a wholly-owned subsidiary of CNH Industrial, priced $600 million in aggregate principal amount of 4.55% notes due 2028, with an issue price of 98.857%. read more

Griffin Global Asset Management Upsizes Warehouse Facility to $2B

Griffin Global Asset Management upsized its senior secured warehouse facility to $2 billion with a syndicate of 12 banks, including new banking partners Citibank, Sumitomo Mitsui Banking and Bank of Montreal. read more

C&C Manufacturing Appoints Former John Deere Exec President and COO

C&C Manufacturing, a manufacturer of landfill compactors, car crushers, metal bailing and airport snow removal equipment, appointed David Bradford president and chief operating officer. Bradford has more than 20 years of experience in manufacturing and management at John Deere. read more

Stellantis Partners with BNP Paribas, Crédit Agricole and Santander to Consolidate Leasing Brands

Stellantis launched a new structure for its financing and leasing services in Europe, partnering with BNP Paribas Personal Finance, Crédit Agricole Consumer Finance and Santander Consumer Finance to consolidate under Stellantis Financial Services and Leasys brands. read more

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