Bloomberg reported that Citigroup named Shane Azzara the successor to Shapleigh Smith as head of asset-based and transitional finance. According to Bloomberg, Smith will retire in May. read more

APR 15, 2024 - 6:32 am

Last week, 11 banks, including Bank of America, Citigroup, JPMorgan Chase and Wells Fargo, combined to make $30 billion in uninsured deposits in First Republic Bank to display confidence in the U.S. banking system following the collapse of Silicon Valley Bank. read more

MAR 20, 2023 - 7:22 am

Global Jet Capital closed its BJETS 2022-1 securitization, raising approximately $609 million. BJETS 2022-1 is Global Jet Capital’s sixth asset-backed security offering, bringing the company’s total assets securitized to approximately $4.4 billion. read more

MAY 18, 2022 - 7:16 am

United Rentals’ subsidiary, United Rentals North America, priced an offering of $750 million principal amount of 3.75% senior notes due 2032 in a registered public offering. read more

AUG 2, 2021 - 6:17 am

Blackbird Capital II Aircraft Lease Limited and Blackbird Capital II Aircraft Lease US LLC closed a $745 million fixed rate notes offering, which consists of $630 million of 2.443% Series A fixed rate notes and $115 million of 3.446% Series B fixed rate notes. read more

JUL 7, 2021 - 6:33 am

Global Jet Capital, a global provider of financial solutions for business aircraft, closed its BJETS 2021-1 securitization, raising approximately $663 million. BJETS 2021-1 is Global Jet Capital’s fifth ABS offering. read more

MAR 22, 2021 - 6:19 am

Air Lease Corporation initiated the sale of a portfolio of 19 aircraft to Thunderbolt III Aircraft Lease, a newly formed entity which has now completed its equity and debt financing transactions. read more

NOV 12, 2019 - 6:20 am

The Securities and Exchange Commission entered an order finding that Citigroup Global Markets misled users of a dark pool operated by one of its affiliates. read more

SEP 17, 2018 - 7:20 am

The SEC announced Citigroup agreed to pay $10.5 million in penalties to settle two enforcement actions involving its books and records, internal accounting controls and trader supervision. read more

AUG 17, 2018 - 6:22 am

Reuters reported that Air Medical Group, a U.S. medical helicopter operator and KKR portfolio company, plans to take on $2.185 billion of additional debt to complete its purchase of American Medical Response. read more

AUG 14, 2017 - 7:23 am

Reuters reported that Citigroup will now make small business loans of up to $1 million through a new website it launched. read more

JAN 30, 2017 - 7:12 am

The Wall Street Journal reported that 20 of the world’s biggest banks have lost 25% of their aggregate market value — approximately $465 billion — according to data from FactSet. read more

JUL 11, 2016 - 6:50 am

The Wall Street Journal said that on-demand driving service Uber will access the leveraged-loan market in the hopes of raising up to $2 billion. read more

JUN 15, 2016 - 7:21 am

Bloomberg reported Citigroup will pay $425 million to resolve claims that from 2007 to 2012 it tried to rig interest-rate benchmarks. read more

MAY 31, 2016 - 7:53 am

Bloomberg reported seven banks have agreed to pay $324 million to settle claims they conspired to rig an interest rate benchmark used in the derivatives market. read more

MAY 4, 2016 - 6:40 am