XS Financial, an equipment finance company for the cannabis industry in the United States, will expand into the broader market by extending its financing services to non-cannabis companies. This effort will be led by XS Financials' newly formed capital markets desk. read more
Pinnacle Financial Partners hired Greg Schaefer as a financial advisor for its equipment finance team. Schaefer most recently worked as a senior vice president for One Florida Bank and was also previously employed as a territory manager for Wells Fargo. read more
FGI Worldwide hired Paul Bower as director of FGI Technology. Based in London, Bower will be responsible for expanding FGI’s proprietary credit insurance monitoring software, T.R.U.S.T, throughout the UK and Europe. read more
After June 30, U.S. Bank will replace three-month LIBOR with three-month CME term SOFR as the reference rate for certain outstanding floating rate or fixed-to-floating rate debt securities, preferred stock represented by depositary shares, income trust securities and preferred stock. read more
CDB Aviation, a wholly-owned Irish subsidiary of China Development Bank Financial Leasing, announced the re-delivery of China’s first-ever converted Airbus A330-300 passenger-to-freighter aircraft on lease to Sichuan Airlines. read more
Fifth Third Bank completed the acquisition of Big Data, a technology solutions provider for healthcare payments and remittance. The acquisition was made by an indirect wholly-owned subsidiary of Fifth Third Bank and financial terms were not disclosed. read more
According to the latest release of the ACT Research’s Freight Forecast, U.S. Rate and Volume Outlook report, the freight cycle remains clearly weak but there are rays of light at the end of the tunnel. read more
United Rentals appointed Elizabeth Grenfell vice president and head of investor relations, effective immediately. In this role, Grenfell will be responsible for managing communications between the company’s leadership, current and future investors and the broader financial community. read more
Peapack-Gladstone Bank appointed Vincent J. Mutarelli senior managing director and commercial private banker. Mutarelli will be responsible for growing a portfolio of commercial clients and servicing businesses within the bank’s regional footprint. read more
“You really should get one of these new data processing machines for your business. You can keep track of payroll, account for time, manage inventory — lots of things you do now by hand. And you can get a DP... read more
As you read this, the churn is happening. Baby boomers like myself, aged 57 to 75, are retiring and Generation X and millennials are stepping up into leadership positions. By 2028, Gen Xers will outnumber baby boomers, and by 2025,... read more
Senior Vice President Fleet Solutions,
Corcentric Capital Equipment Solutions
In this Monitor Web Exclusive, Patrick Gaskins, SVP of Corcentric Fleet Solutions, details why the nature of the relationship between fleets and financing sources will need to evolve into more of a partnership model.
Law Office of Kenneth Charles Greene
Ken Greene, attorney at the Law Office of Kenneth Charles Greene, details the history of the cannabis industry in the U.S., from its first legalization for medical use in California in the ’90s to where the industry is now. Are we standing at a precipice of legalization wherein the doors of industry will be flung open? Keep reading to find out!