News

Rinaldi Interviews Frost Bank EF Founder for Leasing Avenues Blog

Industry veteran Bob Rinaldi, president of Bob Rinaldi Advisory Services, added a new interview to his Leasing Avenues blog. The video features Harry Kaplun, the founder of Frost Bank’s Equipment Finance group. read more

Curtis Joins Wintrust as AVP of Direct Originations

Wintrust Commercial Finance appointed Mike Curtis assistant vice president of direct originations. read more

Ritchie Bros. Newfoundland Auction Headed Up by Ex-NHL Player

Ritchie Bros. will descend upon Marble Mountain Resort in Corner Brook, NL for its first-ever auction on the west coast of Newfoundland. read more

BankUnited Hires Alford as General Counsel

BankUnited hired Michael Alford as general counsel. Alford will be responsible for overseeing the company's legal and compliance functions. read more

ACT: Preliminary Used Class 8 Volumes Fall M/M, Y/Y & YTD in May

Preliminary used Class 8 volumes (same dealer sales) fell 14% month-over-month in May, the second consecutive sequential drop, according to the latest preliminary numbers from ACT Research’s State of the Industry. read more

4,700+ items to Sell in Ritchie Bros. Pipeline Construction Auction

Between June 27-28, Ritchie Bros. will host one of the largest pipeline construction equipment auctions ever, selling more than 4,700 items over two days at its site in Columbus, OH. read more

Radtke Named Chief Communications Officer of MUFG Americas

Eva Radtke joined MUFG as managing director and chief communications officer of MUFG Americas, effective July 15. Radtke will be based in New York and report to Mike Thom, chief corporate administrative officer. read more

Fed: U.S. Industrial Output Rises in May

According to the Financial Times, the Federal Reserve said industrial production rose in May after a 0.4% drop in April. read more

Stonebriar Provides $40MM Sale-Leaseback to Security Firm

Stonebriar Commercial Finance closed a $40 million sale-leaseback transaction with a large private equity-owned security services company. read more

Associated Bank Acquires Huntington Wisconsin Banking Operations

Associated Banc-Corp’s subsidiary, Associated Bank, closed its previously announced acquisition of the Wisconsin branch banking operations of The Huntington National Bank, a subsidiary of Huntington Bancshares. read more

Air Lease to Deliver Four New Airbus Aircraft to Air Caraïbes, FrenchBee

Air Lease signed long-term lease agreements with Air Caraïbes and FrenchBee, part of Groupe Dubreuil Aéro, for three new Airbus A350-900 and one new Airbus A350-1000 aircraft. read more

Prosperity Bank, LegacyTexas Bank Sign Definitive Merger Agreement

Prosperity Bancshares, the parent company of Prosperity Bank, and LegacyTexas Financial Group, the parent company of LegacyTexas Bank signed a definitive merger agreement pursuant to which LegacyTexas will merge with Prosperity. read more

Avolon Delivers One Airbus A320NEO to Pegasus

International aircraft leasing company Avolon delivered one Airbus A320neo to Pegasus Airlines. read more

LeaseQuery Names Dooley VP of Channels and Alliances

Jim Dooley joined lease accounting software provider LeaseQuery as vice president of Channels and Alliances. read more

SMBC Reports $344MM Pre-Tax Profit at Fiscal Yearend

Aircraft lessor SMBC Aviation Capital reported its results for the financial year which ended March 31, 2019, including a pre-tax profit of $344 million, an increase of almost 8% year over year. read more

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