Wabtec entered into new financing arrangements in connection with its pending merger with GE Transportation.  read more

JUN 19, 2018 - 7:26 am

Bank of America reported Q1/18 net income was up 30% from $5.3 billion to a record $6.9 billion. Nonperforming assets of $6.7 billion were down 12.3% from $7.6 billion a year earlier. read more

APR 17, 2018 - 7:24 am

The top 20 lenders in the segment, in the aggregate, filed financing statements covering a total of 107 printing equipment related filings during the month of January 2018. read more

MAR 9, 2018 - 7:31 am

According to a report issued by the Digital Journal, Goldman Sachs, JPMorgan Chase and Citi have the largest U.S. bank share of disclosed investments to fintech startups. read more

FEB 12, 2018 - 6:26 am

Bank of America reported Q4/17 net income of $2.4 billion, down from $4.5 billion a year earlier. The bank noted it took a Q4 charge of $2.9 billion related to the Tax Cuts and Jobs Act. read more

JAN 18, 2018 - 5:55 am

According to a Bank of America survey, small business owners are optimistic their year-end revenue will surpass 2016 as confidence in the economy has surged on expectation that economy will improve in the year ahead. read more

NOV 9, 2017 - 6:15 am

Michelle Moore of Bank of America, told the Charlotte Observer that the use of user IDs and passwords to access bank accounts online is an antiquated system. read more

NOV 3, 2017 - 7:48 am

Bank of America agreed to provide $500 million in revolving credit commitments to equipment rental company United Rentals as part of a lender joinder agreement. read more

OCT 2, 2017 - 6:58 am

Intermodal lessor Textainer Group announced an subsidiary of the company closed on a refinancing to extend its term loan and lower the rate on it warehouse facility to acquire containers. read more

SEP 8, 2017 - 6:23 am

Bank of America said Berkshire Hathaway exercised its warrants to purchase 700 million shares of common stock. The deal makes Warren Buffett’s Berkshire the largest common shareholder of Bank of America. read more

SEP 1, 2017 - 7:00 am

United Leasing & Finance closed a $350 million, multi-year senior secured revolving credit facility with an accordion expansion to $475 million with Bank of America as agent. read more

AUG 9, 2017 - 6:57 am

Sears amended its $271 million letter of credit with Citibank as administrative agent to extend the maturity date through December 29, 2018. read more

AUG 7, 2017 - 7:05 am

Bank of America reported Q2/17 net income of $5.3 billion, up 10% from $4.8 billion a year earlier. Earnings per share of $0.46 exceeded analysts polled by Thomson Reuters of $0.43 EPS. read more

JUL 19, 2017 - 7:07 am

Bank of America announced Andy Crask has been appointed as market president, serving as the company’s enterprise leader in Indianapolis. read more

JUL 18, 2017 - 6:37 am

People’s United Bank announced John DeFranza has joined the bank as senior vice president of Small Business Administration lending. DeFranza was previously with Bank of America in a similar capacity. read more

JUL 7, 2017 - 7:44 am