Amur Equipment Finance appointed Rich Chenitz chief commercial officer. Chenitz has more than 35 years of experience, previously serving as the president of Huntington Vendor Finance and TCF Capital Solutions prior to its acquisition by Huntington. read more
APR 2, 2024 - 6:41 am
36th Street Capital recently served as lessor of record and servicer for a $30 million equipment financing of manufacturing equipment for a company dedicated to the manufacturing and production of personal care, first aid and household products. read more
APR 2, 2024 - 6:41 am
Economic activity in the manufacturing sector expanded in March after contracting for 16 consecutive months, according to the latest Manufacturing Report on Business from the Institute for Supply Management. read more
APR 2, 2024 - 6:41 am
Old National Bancorp, the holding company of Old National Bank, closed its previously-announced merger with Nashville, TN-based CapStar Financial Holdings, the holding company for CapStar Bank, on April 1. read more
APR 2, 2024 - 6:41 am
Crédit Agricole CIB appointed Giliane Coeurderoy senior country officer for Brazil. Coeurderoy joined Crédit Agricole CIB in 2010, serving most recently as deputy CEO of Crédit Agricole Italia with responsibility for risk and compliance. read more
APR 2, 2024 - 6:38 am
Atlantic Union Bankshares completed its previously announced merger with American National Bankshares, effective today. Based on the closing price of Atlantic Union common stock of $35.31 on March 28, the aggregate transaction value was approximately $507 million. read more
APR 2, 2024 - 6:35 am
Regions Financial hired John Jordan as head of retail within its consumer banking group. Jordan joined Regions from Bank of America, where he spent more than 20 years in retail banking and wealth management. read more
APR 2, 2024 - 6:33 am
Lisa Rafter, publisher and CEO of Monitor, will interview Larry Bowa, former shortstop for the Philadelphia Phillies, at Converge on May 16, addressing Bowa’s career, his decades with the Phillies — including winning the 1980 World Series — and his recent hole-in-one at Spring Training. read more
APR 1, 2024 - 6:51 am
MUFG established a new medium-term business plan for the next three years “to pursue and produce growth” with an aim to increase ROE to approximately 9% by 2026. read more
APR 1, 2024 - 6:48 am
According to a recent report from the U.S. Department of the Treasury, there is a widening gap between large and small financial institutions when it comes to in-house AI systems, with the rise of AI creating additional cybersecurity and fraud challenges. read more
APR 1, 2024 - 6:47 am
Royal Bank of Canada completed its acquisition of HSBC Bank Canada last week. With the closing of the acquisition, conversion activities have begun, with HSBC Bank Canada's branches and offices opening today as Royal Bank of Canada locations. read more
APR 1, 2024 - 6:47 am
Chesswood Group, a specialty finance company with 40 years of experience in the commercial equipment finance market, provided an update on its review of strategic alternatives, noting that it has received a “meaningful level of inbound interest from potential counterparties.” read more
APR 1, 2024 - 6:46 am
Cadence Bank announced changes to its organizational structure and new and increased responsibilities for several executives, including the transition of Billy Braddock from chief credit officer to chief banking officer. read more
APR 1, 2024 - 6:45 am
According to the latest release of ACT Research’s For-Hire Trucking Index, the freight market is continuing to recover, with the volume index increased by 2.3 points in February to a seasonally-adjusted mark of 52.3 from 50 in January. read more
APR 1, 2024 - 6:44 am
St. Louis-based Cass Commercial Bank launched an equipment finance division. Designed to unlock the potential of capital assets across multiple industries, the new division will offer equipment leasing solutions to finance growth, improve capital efficiency and drive businesses forward. read more
MAR 29, 2024 - 6:44 am