News

Barclays Appoints Ali UK Head of TMT Coverage for International Corporate Banking

Barclays appointed Alishba Ali managing director and UK head of consumer and technology, media and telecoms in its international corporate banking business. Ali joined Barclays from JPMorgan Chase, where she was managing director and head of EMEA payments for mid-cap corporates. read more

Wells Fargo Believes 2024 Will Be a Pivotal Year for the Economy and Markets

Wells Fargo Investment Institute released its 2024 outlook, offerings its ideas for investors to consider in the new year. The institute believes the 2024 economic story could be a tale of two halves for fixed income and equities. read more

Ryder Signs First Customers to Multi-Year Electric Vehicle Contracts

Ryder System, a provider of supply chain, dedicated transportation and fleet management solutions, secured its first two Ryder ChoiceLease customers under the RyderElectric+ turnkey fleet solution. read more

First Citizens Bank Provides $10MM to FitLife Brands for Acquisition of MusclePharm

First Citizens Bank’s Middle Market Banking business provided $10 million in financing to FitLife Brands, a provider of innovative and proprietary nutritional supplements and wellness products, for the strategic acquisition of the sports nutrition brand MusclePharm. read more

Channel Hires Ceribelli as Chief Revenue and Innovation Officer

Channel hired Rob Ceribelli as chief revenue and innovation officer. Ceribelli has more than 34 years of financial services leadership experience and a background that spans finance, sales, marketing, operations and general management. His career started at GE Capital, followed by 20 years with DLL. read more

CHG-MERIDIAN Expands Coverage in Asia-Pacific Region Through Cooperation with SMFL Group

The CHG-MERIDIAN Group is expanding its geographical coverage in the Asia- Pacific region as part of its international growth strategy, as it entered into a cooperation with Japan’s SMFL Group, meaning it can now offer its technology2use solutions in Japan. read more

SLR Equipment Finance Adds Monteleone as Senior Vice President of Vendor Sales

Vince Monteleone joined SLR Equipment Finance as a senior vice president of vendor sales. In his role, Monteleone will help grow SLR Equipment Finance’s leasing and lending activities with equipment dealers. read more

Triangle Equipment Finance Goes Live with LTi’s ASPIRE Express Platform

LTi Technology Solutions, a provider of lease and loan cloud platforms to equipment finance companies, announced Triangle Equipment Finance went live on its ASPIRE Express platform. read more

Equify Financial Appoints Miller and Fletcher Regional Sales Managers in Southeast

Equify Financial appointed Amy Miller and Nicole Fletcher regional sales managers in Georgia as it continues to expand its nationwide footprint. read more

Alfa Unveils ‘Compose’ to Revolutionize User Experience for Asset Finance Operators

Alfa, a provider of asset finance technology solutions, released the first of six releases in Alfa Systems 6, an iteration of its software platform. The release introduced Compose, a new innovation designed to redefine the user experience for asset finance operators. read more

Cisco Capital President Snow Announces Retirement

Kristine A. Snow, president of Cisco Systems Capital, the captive financing entity within Cisco Systems, will retire after serving as president since 2009. During Snow’s 15-year tenure, she oversaw the company’s technology financing, channel financing and Cisco Refresh businesses. read more

ELFF Elects New Officers, Adds New Trustees & Presents Research Award to Gerard

The Equipment Leasing & Finance Foundation announced the 2024 officers of its board of trustees, including Zack Marsh, CLFP, senior vice president of accounting and analysis at AP Equipment Financing as chair. read more

Mitsubishi HC Capital America Highlights 2024 Trends for Equipment Finance Industry

Mitsubishi HC Capital America identified five trends that are likely to play a significant role in shaping the equipment finance industry in 2024, including an increase in cash buyers, growth in cross-border deals, a continued increase in as-a-service financing and more. read more

November Commercial Chapter 11 Bankruptcy Filings Increased 141% Y/Y

The bankruptcy filing by WeWork in November propelled November commercial Chapter 11 filings to 842, an increase of 141% compared with the 349 filings registered in November 2022, according to data provided by Epiq Bankruptcy. read more

MUFG Expands Capital Markets Group with Equity Private Placements Hire

Mitsubishi UFJ Financial Group hired Geoff Paul as managing director and head of equity capital. In this newly created role, Paul will be responsible for developing MUFG's equity private placements business. read more

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