Sunflower Bank hired four commercial banking teams as it expands in Southern California. James Canepa, who joined Sunflower Bank in April, will lead the new teams as executive vice president and regional president. read more

MAY 3, 2024 - 6:53 am

KeyBank's 2024 Small Business Survey found that 65% of small business owners feel confident they could fund their operating expenses for one month with their cash reserves if an unexpected need arose. read more

MAY 3, 2024 - 6:52 am

SVB Financial Group entered into a definitive agreement under which a newly created entity affiliated with Pinegrove Capital Partners will acquire SVB Capital, SVB Financial Group’s investment platform business. read more

MAY 3, 2024 - 6:52 am

Economic activity in the manufacturing sector contracted in April after one month of expansion following 16 consecutive months of contraction, according to the latest Manufacturing ISM Report on Business from the Institute for Supply Management. read more

MAY 3, 2024 - 6:51 am

According to the latest State of the Industry: U.S. Classes 3-8 Used Trucks report by ACT Research, the used Class 8 average retail sale price dipped 2.9% month over month to $60,100 in March. read more

MAY 3, 2024 - 6:51 am

The Citizens Business Conditions Index fell to 48.2 in Q1/24 as business activity normalized from elevated levels in recent quarters. The reading below 50 indicates that economic momentum slowed during the first quarter against a backdrop of moderately restrictive monetary policy. read more

MAY 2, 2024 - 6:53 am

New research commissioned by Acquis revealed that 65% of small to medium businesses in the U.S. are feeling optimistic about the future, with SMBs in the IT (75%), financial (74%) and retail (74%) sectors felt the most optimistic about the long-term future of their businesses. read more

MAY 2, 2024 - 6:52 am

A majority of small and mid-sized business (SMB) owners expect their revenues to increase this year, and their worries over a recession have declined substantially, according to the 2024 Bank of America Business Owner Report, conducted in partnership with Bank of America Institute. read more

MAY 2, 2024 - 6:51 am

LTi Technology Solutions hired Mallory Smith as account manager. Smith has experience in sales and account management, as well as digital marketing and operations. Most recently, Smith served as sales account manager at Aston Carter, a global provider of finance and accounting talent. read more

MAY 2, 2024 - 6:51 am

H&E Equipment Services completed its acquisition of Lewistown Rental and three of its affiliated companies. The acquisition adds a comprehensive mix of equipment with an original equipment cost of approximately $28.5 million. read more

MAY 2, 2024 - 6:51 am

Blank Rome opened a new office in Boston, anchored by 13 partners with corporate, finance, mergers and acquisitions, tax, litigation, and cannabis practices. In addition, 12 associates and several other businesses professionals joined the new office. read more

MAY 2, 2024 - 6:50 am

Aircraft asset manager Aviation Capital Group promoted Rob Downes to the newly created position of senior vice president and chief investment officer and John Nally to vice president and head of aircraft trading. read more

MAY 2, 2024 - 6:50 am

Jon Kicklighter joined SLR Equipment Finance as senior vice president of risk with a vendor focus. Kicklighter was most recently credit and risk manager in North America at Volvo Financial Services, where he primarily focused on supporting large-ticket retail and wholesale transactions as well as portfolio management functions. read more

MAY 1, 2024 - 6:42 am

CHG-MERIDIAN set new company records for lease originations and for profit from ordinary activities in 2023, with lease originations climbing to $2.71 billion in 2023, a year-over-year rise of 9.9% (from $2.39 billion in 2022). Profit from ordinary activities reached $181.6 million, an increase of 20.8% from the previous year ($145.7 million in 2022). read more

MAY 1, 2024 - 6:41 am

Geminus Acquisition & Management launched its newest business platform, Geminus Servicing, a portfolio management company providing multiple solutions, including standby servicing, active servicing and run down of portfolios, portfolio reporting, related tax filings and audit/compliance. read more

MAY 1, 2024 - 6:41 am