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

Forbes named Amala Duggirala, chief operations and technology officer of Regions Bank, to its inaugural ‘CIO Next 2021’ list, which highlighted top technology executives who are redefining the role of a chief information officer as they deliver innovations for customers. read more

MAY 14, 2021 - 7:20 am

American Banker named Ashley Garrison, executive vice president and head of human resources operations for Regions Bank, a Most Powerful Women in Banking: Next award recipient. read more

MAY 10, 2021 - 6:40 am

Caroline Taylor joined Regions Bank’s corporate banking group as senior vice president and head of Small Business Administration lending. Before joining Regions Bank, Taylor served as national head of SBA lending and small business credit underwriting director at Capital One. read more

APR 2, 2021 - 6:13 am

Ascentium Capital completed $1.25 billion in annual funded volume in 2020. The company ended 2020 with $2.6 billion in managed assets, representing 8.3% growth in assets year-over-year. read more

FEB 4, 2021 - 6:59 am

Regions Bank closed a $75 million bi-lateral asset-backed facility for Dext Capital, providing financing for commercial equipment loans and leases. read more

OCT 6, 2020 - 7:26 am

Regions Bank named Paula Drake executive vice president and chief communications officer. Drake will lead the bank’s corporate communications team responsible for internal and external communications, market public relations, content publishing, and video production. read more

AUG 4, 2020 - 6:57 am

Ascentium Capital reported Q2/20 funding volume of $255.0 million, with year-to-date funding volume of $620.5 million. This enabled the company to achieve a new portfolio milestone, reaching $2.5 billion in managed assets. read more

JUL 22, 2020 - 7:15 am

Monitor will host a free virtual event on May 20 featuring moderator Vince Belcastro and panelists David Normandin, Miles Herman and Tom Depping who will discuss what lies ahead for the equipment finance industry. read more

MAY 12, 2020 - 7:05 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

Regions Bank closed its acquisition of Ascentium Capital, an independent equipment finance lender serving small businesses. read more

APR 2, 2020 - 6:40 am

Regions Bank entered into a definitive agreement to acquire Ascentium Capital from Warburg Pincus, a global private equity firm focused on growth investing. read more

FEB 28, 2020 - 6:55 am

Regions Bank agreed to acquire Highland Associates, an institutional investment firm that provides investment counsel to not-for-profit healthcare entities and mission-based organizations. read more

JUN 10, 2019 - 6:35 am

Regions Bank hired Lee Byrd as Head of Fraud. In this newly created role, Byrd will focus on protecting customers and the company from financial fraud and will report to Logan Pichel, head of Enterprise Operations. read more

MAY 10, 2019 - 6:55 am

Administrator Linda McMahon and the SBA’s Office of International Trade honored Regions Bank and 44 Business Capital, a division of Berkshire Bank, as the 2019 SBA Export Lenders of the Year. read more

MAR 28, 2019 - 6:35 am