Air Lease delivered 14 new aircraft from its order book in Q1/24, including two Airbus A220s, one Airbus A320neo, six Airbus A321neos, one Airbus A350-1000 and four Boeing 737-8s. In addition, the company reported approximately $900 million in aircraft investments in the quarter.  read more

APR 10, 2024 - 6:49 am

Banc of California promoted several leaders in community banking, including elevating Chris Baron to president of community banking to oversee its five regions in California and Colorado along with its national asset-based lending business finance team. read more

APR 10, 2024 - 6:47 am

Law firm Seward & Kissel formalized its private credit group to handle work within the rapidly expanding private credit asset class, which is now valued at $1.6 trillion, according to the firm. The new practice will reside within Seward & Kissel’s corporate finance practice. read more

APR 10, 2024 - 6:46 am

Sudhir Amembal, CEO of Amembal & Halladay and an affiliate of Rinaldi Advisory Services, will instruct his second one-day interactive virtual leasing seminar of 2024 on July 17. read more

APR 10, 2024 - 6:44 am

Over the past year, Sandhills Global has noted a significant increase in late-model used farm equipment inventory levels in its marketplaces. At the same time, newer equipment has become more prevalent, as manufacturers have returned to normal production levels following the resolution of numerous supply chain issues. read more

APR 9, 2024 - 6:56 am

Independent equipment finance company Reliant Capital closed more than $43 million in business loans in Q1/24, setting a company record for a single quarter. read more

APR 9, 2024 - 6:56 am

Sheffield Financial, a division of Truist Bank, and BRP, a provider of powersports products, propulsion systems and boats, renewed their long-term retail financing agreement in the U.S., extending a partnership that began in 2009. read more

APR 9, 2024 - 6:54 am

Dime Community Bancshares, the parent company of Dime Community Bank, hired six deposit-focused groups from the former Signature Bank and its successor, Flagstar Bank. Collectively, the groups managed $7 billion in deposits at predecessor institutions. read more

APR 9, 2024 - 6:52 am

Peapack Private, a division of Peapack-Gladstone Bank, hired Andrew F. Corrado as president of the commercial bank in New York City while adding more than 10 teams of commercial and private bankers. read more

APR 9, 2024 - 6:51 am

After two years of decline, the worldwide traditional PC market returned to growth during Q1/24 with 59.8 million shipments, growing 1.5% year over year, according to International Data Corporation. read more

APR 9, 2024 - 6:50 am

FirstBank promoted Adam Sands to chief banking officer. After joining the bank nearly 20 years ago, Sands has worked in senior officer roles across several Front Range markets in Colorado, including as president of the Cherry Creek market. read more

APR 9, 2024 - 6:47 am

AP Equipment Financing increased Q1/24 funding volume by 16.3% compared to Q1/23 and hired Mike Snyder as senior director of business development in its new fleet and mobility division and John Pratt as senior vice president of business development for its specialty vehicle division. read more

APR 8, 2024 - 6:59 am

The U.S. Bureau of Labor Statistics reported that total nonfarm employment in March increased by 303,000, with the unemployment rate remaining flat at 3.8% and the healthcare, government, leisure and hospitality, and construction sectors experiencing the most notable job gains. read more

APR 8, 2024 - 6:58 am

Star Leasing Company, Commercial Trailer Leasing (CTL), Cooling Concepts and NETS Leasing (North East Trailer Services) intend to rebrand under a single brand name: Transportation Equipment Network (TEN). read more

APR 8, 2024 - 6:56 am

First American Equipment Finance was ranked No. 1 on the Top Workplaces 2024 list in Rochester, NY, in the midsize category (125-399 full-time employees). read more

APR 8, 2024 - 6:55 am