Jefferson City, MO-based Hawthorn Bank named John Bowers its new chief strategy officer. Bowers will be responsible for formalizing and leading the development of the organization’s strategic planning processes and translating the strategy across functions and business units. read more
SEP 18, 2023 - 6:40 am
Xerox and PEAC Solutions expanded their partnership for the provision of certain leasing and financial services programs to Xerox’s FITTLE network of independent dealers and resellers. read more
SEP 15, 2023 - 6:43 am
Stearns Bank acquired a majority stake in Contract Capital Corporation, a provider of specialized financing services to managed service providers. read more
SEP 15, 2023 - 6:42 am
According to Reuters, Société Générale may consider selling its equipment finance division, with the bank viewing “the business as non-core.” read more
SEP 15, 2023 - 6:40 am
Great American Insurance Group’s specialty equipment division and TrustLayer launched a real-time tracking solution for the equipment finance industry to enhance the API-driven coverage solutions that Great American Specialty Equipment provides to the equipment leasing industry. read more
SEP 15, 2023 - 6:39 am
AP Equipment Financing finalized a $200 million credit facility from Wells Fargo to capitalize on increasing demand from customers and dealer partners. read more
SEP 15, 2023 - 6:37 am
U.S. Bank launched a new cross-business initiative to serve healthcare practices with up to $25 million in annual revenue, appointing Joe Persichetti head of healthcare business banking to lead the effort. read more
SEP 15, 2023 - 6:36 am
First Citizens Bank’s healthcare finance business, part of the CIT division, provided $29 million to Onicx Group to refinance two medical office buildings located on the campuses of Florida Trinity Hospital and Poinciana Hospital. read more
SEP 15, 2023 - 6:34 am
Russell Goldman joined Trustmark as first vice president and equipment finance direct originator officer, according to a LinkedIn post from the company. read more
SEP 14, 2023 - 7:29 am
Citi unveiled changes to its organization model, introducing a new, flatter structure that elevates the leaders of five businesses and eliminates management layers with the goal of accelerating decision making, increasing accountability and strengthening client focus. read more
SEP 14, 2023 - 7:19 am
Regions Bank appointed Anna Brackin chief compliance officer to oversee the bank’s compliance risk management program, while Gary Walton recently joined the bank as business unit chief risk officer for Regions’ consumer banking and wealth management divisions. read more
SEP 14, 2023 - 7:17 am
The Equipment Leasing and Finance Association will host a webinar on Sept. 28 to address the use of artificial intelligence for marketers. read more
SEP 14, 2023 - 7:15 am
Texas Capital Bancshares hired Marc Graham as head of energy and a team of energy investment banking veterans. In addition, the company is adding managing directors Michael Bodino, Christian Gibson and Randall Byrne to its energy investment banking team. read more
SEP 14, 2023 - 7:13 am
Xactus, a provider of business data and intelligent insights to the equipment leasing/finance industry, is now offering credit reports from PayNet, powered by Equifax. read more
SEP 14, 2023 - 7:12 am
Assurant, a business services company that supports, protects and connects major consumer purchases as well as commercial equipment, was recognized on TIME’s 2023 list of the world’s best companies. read more
SEP 14, 2023 - 7:10 am