Truist Financial reached a definitive agreement to sell its remaining stake in Truist Insurance Holdings, a subsidiary of Truist and the fifth largest insurance brokerage in the U.S., to an investor group led by private equity firms Stone Point Capital and Clayton, Dubilier & Rice. read more

FEB 20, 2024 - 7:21 am

Citizens Financial Group appointed Tracy A. Atkinson to the company’s board of directors, effective March 1. Citizens also appointed Edward J. Kelly III a lead independent director, subject to his reelection, succeeding Shivan Subramaniam, who will retire from the board in April. read more

FEB 20, 2024 - 7:19 am

BNP Paribas Exane, a unit of BNP Paribas that provides equity research, appointed five senior research analysts to its U.S. analyst team. read more

FEB 20, 2024 - 7:17 am

Hilco Real Estate Finance is expanding its team by hiring Charlie Job as an associate. Job started his career at NatWest Markets before joining Arrow Global, where he worked on distressed and special situations credit and equity investments across Europe. read more

FEB 20, 2024 - 7:15 am

Mazzotta Rentals, a supplier of construction equipment rentals, sales, service and parts, appointed Chris Pera chief operating officer. Pera most recently oversaw the growth and transformation of ABLE Equipment Rentals before its sale to United Rentals in 2023. read more

FEB 20, 2024 - 7:13 am

According to final data from ACT Research, January Class 8 truck net orders reached 27,125 units, up 45% year over year. Meanwhile, net orders for Classes 5-7 were up 14% year over year at 19,954 units. read more

FEB 20, 2024 - 7:11 am

Reliant Capital hired Kylie Link as a funder and Alexis Chen as an operations administrator, according to a LinkedIn post from the company. read more

FEB 16, 2024 - 6:42 am

LTi Technology Solutions hired Karin Schreck, CLFP, and Triston McConnell as application support specialists, according to a LinkedIn post from the company. read more

FEB 16, 2024 - 6:40 am

Regions Financial appointed, Bill Rhodes, the former president and CEO of AutoZone, to the boards of Regions Financial and its subsidiary, Regions Bank. Rhodes’ term on Regions’ boards will begin March 1. read more

FEB 16, 2024 - 6:39 am

Fora Financial, a provider of short-term financing to the small business community, has surpassed $4 billion in capital provided to more than 55,000 small businesses since its inception in 2008. read more

FEB 16, 2024 - 6:37 am

Cambridge Savings Bank hired Ryan Bailey as its new president and CEO. Bailey joined Cambridge Savings Bank from USAA, where he spent the past two-plus years as head of retail banking. read more

FEB 16, 2024 - 6:35 am

Energetic Services, a provider of transportation, environmental and related services to the oil and gas sector across Alberta and British Columbia, transitioned to a bank following three years of collaboration with Accord Financial, which provided the company with a $13 million facility in 2021.  read more

FEB 16, 2024 - 6:34 am

Cogent Bank, an Orlando, FL-based business and personal community bank, launched a sports and entertainment banking vertical, which will aim to provide young athletes, both collegiately and professionally, with the financial literacy education and banking resources necessary to preserve their wealth. read more

FEB 16, 2024 - 6:34 am

cPacket Networks completed a $67 million transaction, including a primary and secondary equity investment by funds managed by Morgan Stanley Expansion Capital and a debt refinancing by Trinity Capital. read more

FEB 16, 2024 - 6:33 am

JDR Solutions, a provider of hosting services, portfolio administration services and custom web portals to the equipment leasing and finance industry since 2001, promoted Kimberly Fumega Yeo to chief solutions officer. read more

FEB 15, 2024 - 7:05 am