FASB Issues Narrow-Scope Improvements to Accounting for Lessors

The Financial Accounting Standards Board issued an Accounting Standards Update expected to reduce lessor’s implementation and ongoing costs associated with applying the new leases standard. read more

BBVA Compass Taps Knudson as New Austin CEO

BBVA Compass appointed banking industry veteran Dillan Knudson as its new Austin, TX, CEO. He will succeed Joe Petet, who is retiring at the end of the year. read more

Balboa Becomes Preferred Lender for Checkers & Rally’s Franchise Owners

Balboa Capital is now recognized by Checkers & Rally’s as a preferred lender for its nearly 900 franchise owners in the U.S. read more

Regents Capital Wins Orange County 2018 Top Workplaces Award

Regents Capital was awarded a 2018 Top Workplaces honor by The Orange County Register. read more

Macquarie to Acquire Waypoint Leasing Assets for $650MM

Waypoint Leasing Holdings entered into an agreement to be purchased by Macquarie Group for approximately $650 million. read more

Investors Bank Appoints Kalamaras Chief Risk Officer

Investors Bancorp appointed Paul Kalamaras executive vice president and chief risk officer of both the holding company and Investors Bank. read more

CLFP Foundation Adds 26 New CLFPs

The Certified Lease & Finance Professional Foundation announced that 26 individuals who sat through the eight-hour online CLFP exam during the recent months have successfully passed. read more

Wintrust Commercial Finance Hires Swearingen as Financial Analyst

Wintrust Commercial Finance, a division of Wintrust Asset Finance, hired Mark Swearingen as a financial analyst. read more

First Midwest to Acquire Bridgeview Bank

First Midwest Bancorp entered into a definitive agreement to acquire Bridgeview Bancorp, the holding company for Bridgeview Bank Group. read more

Wintrust Acquires American Enterprise Bank Assets and Liabilities

Wintrust Financial’s subsidiary, Northbrook Bank & Trust, completed its acquisition of certain assets and the assumption of certain liabilities of American Enterprise Bank. read more

United Rentals Board Recognized for Female Leadership

United Rentals announced that WomenInc., a multimedia platform dedicated to women in business, has named four members of the company’s board of directors to its list of 2018 Most Influential Corporate Directors. read more

Boeing Launches Longest-Range Business Jet Ever with BBJ 777X

Boeing Business Jets launched the BBJ 777X, a new Boeing Business Jet model that can fly more than halfway around the world without stopping, farther than any business jet ever built. read more

Brazilian Court Blocks Embraer-Boeing JV Deal

Reuters reported that a federal court in Brazil blocked a proposed joint venture deal between Boeing and Embraer. read more

Transportation Equipment Drives Drop in October New Orders & Shipments

New orders for manufactured durable goods in October decreased $11.2 billion or 4.3% to $249.0 billion. Transportation equipment drove the decrease. read more

Beneficial Bancorp Stockholders Approve Merger with WSFS Financial

Beneficial Bancorp stockholders approved the previously announced merger of Beneficial with and into WSFS Financial. The transaction is expected to close in Q1/19. read more

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
Susie Angelucci
Advertising: 484.459.3016

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.