Wells Fargo sold approximately $2 billion of private equity investments in certain Norwest Equity Partners and Norwest Mezzanine Partners funds to a group of investors, including AlpInvest Partners, Atalaya Capital Management, Lexington Partners and Pantheon. read more

OCT 2, 2023 - 6:56 am

Encina Lender Finance closed a $50 million senior secured credit facility for Bright Money, a fintech platform that helps consumers manage their debt. read more

OCT 2, 2023 - 6:54 am

Peoples Financial Services and FNCB Bancorp entered into a definitive agreement under which Peoples and FNCB will combine in an all-stock strategic merger valued at approximately $129 million. read more

SEP 29, 2023 - 7:22 am

While most financial service leaders are confident about the digital fitness of their businesses, 26% have “tech anxiety” about AI and machine learning, according to Kin + Carta. read more

SEP 29, 2023 - 6:40 am

Manufacturers Bank will change its name to SMBC MANUBANK as it expands into new markets and industries, highlighting its decades-long affiliation with Sumitomo Mitsui Banking. read more

SEP 29, 2023 - 6:35 am

Banks must harness disruptive technologies and create their own or actively participate in digital ecosystems to remain at the heart of the banking universe, according to a global Economist Impact study. read more

SEP 29, 2023 - 6:30 am

Triton International Limited completed its acquisition by Brookfield Infrastructure Partners, through its subsidiary Brookfield Infrastructure Corporation (BIPC) and its institutional partners. read more

SEP 29, 2023 - 6:25 am

Class 8 retail sales rebounded strongly, as expected, from July’s misstep, advancing 12% month over month in August, according to ACT Research. read more

SEP 29, 2023 - 6:20 am

Owl Labs released its seventh annual State of Hybrid Work Report, which uncovered the latest trends and perspectives around remote and hybrid work. read more

SEP 29, 2023 - 6:10 am

United Rentals, an equipment rental company, was selected to the TIME World's Best Companies 2023 list. The award recognizes United Rentals as among the top-performing companies across the globe. read more

SEP 29, 2023 - 6:05 am

Penske Truck Leasing opened a new in Channahon, IL offering commercial and consumer truck rentals, full-service truck leasing and contract truck maintenance.  read more

SEP 29, 2023 - 6:00 am

Velocity Equipment Finance has entered into a strategic funding agreement with Targeted Lending. read more

SEP 28, 2023 - 5:35 am

Andrew J. Kaye of Sweet Leaf Madison Capital was named an honoree in Green Market Report’s inaugural Notable Leaders in Cannabis designation for 2023. read more

SEP 28, 2023 - 5:30 am

Centerbridge Partners and Wells Fargo are entering into a strategic relationship focused on direct lending to non-sponsor North American middle market companies. read more

SEP 28, 2023 - 5:25 am

Confidence in the asset-based lending market in the second quarter was driven by hopes of a soft landing for the U.S. economy, according to data released by the Secured Finance Network. read more

SEP 28, 2023 - 5:20 am