A notable increase in concerns over risk management and regulatory compliance issues headlines key challenges facing U.S. banks, credit unions and other lenders, according to the results of the 2023 Regulatory & Risk Management Indicator survey conducted by Wolters Kluwer Compliance Solutions. read more

DEC 12, 2023 - 6:51 am

As the transition to electric vehicles (EVs) continues, industry experts at Mitsubishi HC Capital America expect the pace of adoption to pick up in 2024, all while continued challenges and changes in regulation, labor and the incentive, rebate and tax credit landscape are anticipated. read more

DEC 12, 2023 - 6:50 am

TD Bank Group made changes to its senior executive team that reflect the strength of the bank’s leadership bench. The bank appointed Raymond “Ray” Chun to group head, Canadian personal banking and Tim Wiggan to group head, wealth management and insurance. read more

DEC 12, 2023 - 6:48 am

Cushman & Wakefield released its 2024 U.S. Macro Outlook report which describes the economic landscape as a rolling recession, one in which some industries contract while others continue to expand. read more

DEC 12, 2023 - 6:47 am

H&E Equipment Services signed a definitive agreement to acquire the business of Phoenix-based Precision Rentals. read more

DEC 12, 2023 - 6:45 am

Carlos J. Vázquez will retire from his role as chief financial officer of Popular effective March 31, 2024. He will be succeeded by Jorge J. García. read more

DEC 12, 2023 - 6:40 am

The American Trucking Associations released new data finding the trucking industry invests $14 billion annually in technology, training and other expenditures to improve highway safety. read more

DEC 12, 2023 - 6:38 am

Equipment rental company United Rentals introduced new equipment access management capabilities and an enhanced rental experience within its mobile app. read more

DEC 12, 2023 - 6:37 am

Moody's Investors Service upgraded equipment ABS notes sponsored by Amur Equipment Finance. The notes are backed by a pool of fixed-rate loans and leases secured primarily by trucking, transportation and construction equipment. read more

DEC 11, 2023 - 7:04 am

Milestone Bank, formerly LCA Bank Corporation, completed the final piece of its rebranding initiative by unveiling a refreshed website. In addition to its rebranding, Milestone Bank also announced an expansion into general commercial lending. read more

DEC 11, 2023 - 7:03 am

Bennington Financial, an organization in the brokered commercial vehicle and equipment leasing market in Canada and a wholly-owned subsidiary of Equitable Bank, was recognized as one of Greater Toronto’s Top Employers on Mediacorp Canada’s 2024 list. read more

DEC 11, 2023 - 7:02 am

Financial Institutions Inc., the parent company of Five Star Bank, SDN Insurance Agency and Courier Capital, made changes to the bank’s executive leadership team, naming Reid A. Whiting chief banking officer and appointing Blake G. Jones to the executive leadership team. read more

DEC 11, 2023 - 7:01 am

The National Equipment Finance Association raised $12,000 during its Texas Tailgate & Hold ‘em Charity Tournament at its 2023 Funding Symposium. The funds will be divided equally between the INDY Foundation and the National Lymphedema Network. read more

DEC 11, 2023 - 6:55 am

Wells Fargo named Darlene Goins head of philanthropy and community impact and president of the Wells Fargo Foundation. She will be responsible for the company’s philanthropic strategy in housing access and affordability, financial health, small business growth and sustainability. read more

DEC 11, 2023 - 6:53 am

Carrie Goldfeder has joined Old National Bank, the wholly-owned banking subsidiary of Old National Bancorp, as chief credit officer. For the past eight years, Goldfeder served as co-head of corporate credit, segment lead and senior credit officer for Capital One. read more

DEC 11, 2023 - 6:52 am