News

Wells Fargo Unveils Northeast Commercial Banking Leadership

Wells Fargo unveiled its Commercial Banking leadership team for the Northeast, which includes leaders serving businesses in New England, Western New York and Eastern Canada. read more

Financial Accounting Foundation Names Morrow New FASAC Chair

The Board of Trustees of the Financial Accounting Foundation appointed Michael M. Morrow the new chair of the Financial Accounting Standards Advisory Council, effective January 1, 2020. read more

Chase, Peterson Join Crossroads Equipment Lease & Finance

Shelby Chase and Mike Peterson joined Crossroads Equipment Lease and Finance as customer solutions manager and director of Syndication, respectively. read more

Wings Capital Names Gallagher VP, Treasurer & Capital Markets

Wings Capital Partners added Jakob Gallagher to its team as vice president – Treasurer & Capital Markets. read more

ACT Research: Class 8 Market-Leading Indicators Continue to Erode

According to ACT Research, Class 8 market-leading indicators continue to erode, in concert with deteriorating freight volumes and rates, even as mid and downstream data points remain robust. read more

Ciber Joins WSFS Bank as New Chief Digital Officer

Corynn Ciber, a long-time tech strategist and program leader, joined WSFS Bank as senior vice president and chief digital officer, a newly created role. read more

CLFP Foundation Adds 10 New CLFPs

The Certified Lease & Finance Professional Foundation has reported that ten individuals who recently sat through the 8-hour online CLFP exam have passed. read more

Capital One Arranges Facility for Biotech Company

Capital One acted as joint lead arranger on a senior secured credit facility for STEMCELL Technologies, a Canada-based biotechnology and life science company. read more

Biz Roundtable Redefines a Corporation’s Purpose to Benefit All Stakeholders

Business Roundtable released a new Statement on the Purpose of a Corporation signed by 181 CEOs who commit to lead their companies for the benefit of all stakeholders – customers, employees, suppliers, communities and shareholders. read more

Marlow Joins Moritt Hock & Hamroff as Partner

Law firm Moritt Hock & Hamroff hired Danielle J. Marlow as a partner in its Ligation practice group. Marlow will reside in the firm’s Garden City office in New York. read more

Blooma Launches, Seeks Funding for AI-Based Commercial Loan Platform

On August 20, 2019, Blooma launched as a company dedicated to automating AI-driven decision making in commercial loan origination. It concurrently completed its first outside seed round at $2.75 million. read more

ACT: Key Risk to NA CV Market Forecasts is Trade War with China

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, the key risk to all commercial vehicle market forecasts remains the on-again trade war with China. read more

Key EF, 36th Street Enter Lease Financing Agreement with Corsa Coal

Corsa Coal entered into a $25 million senior secured revolver with KeyBank. The company concurrently entered into a lease financing agreement with Key Equipment Finance and 36th Street Capital. read more

FDIC Approves BancorpSouth Mergers with Summit, Texas Star

BancorpSouth Bank received regulatory approvals from the FDIC to complete its proposed mergers with Summit Bank and Texas Star Bank. read more

BOC Aviation Reports $930MM in Revenue in H1/2019

BOC Aviation reported its unaudited results for the six months that ended on June 30, 2019. Revenue rose 13% year over year from the same time period in 2018. read more

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Terry Mulreany
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