Griffin Global Asset Management upsized its senior secured warehouse facility to $2 billion with a syndicate of 12 banks, including new banking partners Citibank, Sumitomo Mitsui Banking and Bank of Montreal. read more

APR 5, 2023 - 7:07 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

UMB Bank is serving as administrative agent for an amended $1.5 billion senior secured warehouse facility for two entities jointly established by Griffin Global Asset Management and Bain Capital Credit. read more

AUG 15, 2022 - 6:47 am

Kay Geiger will retire as regional president for PNC in Greater Cincinnati and Northern Kentucky on July 31 after a 44-year career in financial services. Warren Weber will succeed Geiger. read more

JUN 10, 2022 - 7:33 am

Karen Larrimer, head of retail banking and chief customer officer at PNC, will retire after more than 27 years with the bank. Alex Overstrom, PNC's current head of small business and deputy head of retail banking, will assume responsibility for leading the retail banking line of business. read more

MAY 27, 2022 - 7:44 am

PNC Bank launched a new minority business development group, which will focus on advancing the financial wellness of emerging minority-owned businesses. Marshalynn Odneal, national sales executive for minority business, will lead this national effort. read more

APR 7, 2022 - 7:00 am

PNC Bank appointed two regional presidents in California. Jarrod Ingle joined as the regional president and head of corporate banking for the Orange County-Inland Empire market, while Todd Wilson joined as regional president for the Greater Los Angeles Metropolitan Area. read more

OCT 28, 2021 - 6:06 am

Container leasing company Triton International took multiple actions to implement its planned transition to a debt capital structure made up of primarily unsecured debt, including amending and restating its existing revolving and term loan facilities so that both will now be unsecured. read more

OCT 15, 2021 - 6:18 am

PNC Financial Services Group completed the conversion of 2.6 million customers, 9,000 employees and nearly 600 branches across seven states from BBVA USA to PNC Bank. read more

OCT 13, 2021 - 6:18 am

Monitor caught up with Eric Hanson to talk about four major trends that will shape investment in the equipment finance industry in 2021. As large financial institutions refine their approach to the market and institutional investors continue to favor equipment asset class gains, investors have gained the benefit of premium returns, while equipment finance companies enjoy unprecedented access to capital. ... read more

May 2021

M&A activity almost came to a halt in 2020, but 2021 has kicked off with a flurry of activity. James Jackson reviews the notable transactions of the last year and says future economic indicators point to continued M&A activity in 2021 as well as strong valuations of quality equipment finance companies.... read more

May 2021

Peapack-Gladstone Financial appointed Maureen O’Hara to the role of senior managing director, commercial private banker of its commercial and industrial business. O’Hara most recently served as a principal relationship manager at Wells Fargo. read more

JAN 21, 2021 - 6:53 am

Ryder System entered into a new 364-day unsecured syndicated term loan totaling $400 million with a syndicate of eight large financial institutions led by Bank of America as administrative agent. read more

APR 3, 2020 - 6:35 am

MidCap Financial Services successfully closed the acquisition of substantially all of PNC Bank's Franchise Finance loan portfolio. read more

OCT 2, 2019 - 6:50 am

PNC reported full year 2018 net income of $5.346 billion, down slightly from $5.388 billion in 2017. Total revenue for the fourth quarter of $4.3 billion declined $17 million. read more

JAN 17, 2019 - 6:35 am