Financial Services Related Content

Kris Foster: Building Pinnacle’s Equipment Finance Success Story

While the regional bank scare of 2023 was tumultuous for many banks, it served as an “opportunity of a lifetime” for Pinnacle, which achieved nearly $700 million in portfolio growth. Kris Foster, executive vice president, credits this success to the company’s culture and its client-focused business strategy.... read more

Alfa Systems 6 Moves Ahead with Its Fourth Pillar, Scalability

Alfa announced the release of Scalability, the fourth of six releases that make up Alfa Systems 6 - a breakthrough iteration of its Alfa Systems software platform. read more

M&T Bank Promotes Weissmann to Line of Business Manager

M&T Bank promoted Scott Weissmann, a longtime veteran of the equipment finance industry, to line of business manager for M&T Commercial Equipment Finance, part of the M&T Equipment Finance Group. read more

Acquis Welcomes Curran as Business Development Manager

Acquis, a specialist insurance provider to the asset finance industry, has appointed Brendan Curran as business development manager. Based in Philadelphia, Curran will be responsible for driving forward Acquis’s expansion in the U.S. read more

Horizon Bancorp Names Stewart CFO

Horizon Bancorp announced that John R. Stewart, CFA has been named Horizon’s next executive vice president and chief financial officer. Stewart will assume the responsibilities of CFO on May 20, 2024. read more

Northland Capital Sales & Marketing SVP Sell to Retire

Chuck Sell has served as senior vice president of Sales & Marketing at Northland Capital since 2012. His retirement commences March 13, 2020. read more

CNH Financial Q2 Earnings Drop on Portfolio Shrinkage, Lower Spreads

CNH reported Q2/16 net income for Financial Services was down $11 million from $98 million in Q2/15 as a result of lower average portfolio balances and reduction in interest rate spreads. read more

Ritchie Completes Acquisition of Financial Services Business

Ritchie Bros. completed its acquisition of the outstanding 49% minority interest of Ritchie Bros. Financial Services. read more

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