Today’s News

Peoples Financial Services and FNCB Bancorp Enter into Transformational Strategic Merger

Peoples Financial Services and FNCB Bancorp entered into a definitive agreement under which Peoples and FNCB will combine in an all-stock strategic merger valued at approximately $129 million. read more

Financial Service Leaders Believe Sector is ‘Digitally Fit’ But Anxious About AI

While most financial service leaders are confident about the digital fitness of their businesses, 26% have “tech anxiety” about AI and machine learning, according to Kin + Carta. read more

Manufacturers Bank to Rebrand as SMBC MANUBANK

Manufacturers Bank will change its name to SMBC MANUBANK as it expands into new markets and industries, highlighting its decades-long affiliation with Sumitomo Mitsui Banking. read more

Banking is Becoming Byte-Sized with Rise of Embedded Finance

Banks must harness disruptive technologies and create their own or actively participate in digital ecosystems to remain at the heart of the banking universe, according to a global Economist Impact study. read more

Brookfield Infrastructure Partners Completes Acquisition of Triton International

Triton International Limited completed its acquisition by Brookfield Infrastructure Partners, through its subsidiary Brookfield Infrastructure Corporation (BIPC) and its institutional partners. read more

ACT Research: Used Class 8 Retail Sales Rebounded Strongly in August

Class 8 retail sales rebounded strongly, as expected, from July’s misstep, advancing 12% month over month in August, according to ACT Research. read more

Hybrid Work Report: Employers Missing the Mark on In-Office Employee Experience

Owl Labs released its seventh annual State of Hybrid Work Report, which uncovered the latest trends and perspectives around remote and hybrid work. read more

TIME World’s Best Companies 2023 List Names United Rentals as Top-Performer Across Globe

United Rentals, an equipment rental company, was selected to the TIME World's Best Companies 2023 list. The award recognizes United Rentals as among the top-performing companies across the globe. read more

Penske Truck Leasing Opens New Facility in Channahon, IL

Penske Truck Leasing opened a new in Channahon, IL offering commercial and consumer truck rentals, full-service truck leasing and contract truck maintenance.  read more

Velocity Enters into Strategic Funding Agreement with Targeted Lending

Velocity Equipment Finance has entered into a strategic funding agreement with Targeted Lending. read more

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