Today’s News

Signature Bank Launches Healthcare Banking and Finance Business Line

Signature Bank launched a new business line with the appointment of a nine-person healthcare banking and finance team. Matthew T. Huber will lead the new business and team as senior vice president and managing group director. read more

Oakmont Capital Services Promotes Henkelman to VP of Credit and Risk

Oakmont Capital Services promoted Mikki Henkelman, CLFP, to vice president of credit and risk. In this role, Henkelman will oversee the credit department at Oakmont Capital Services, managing process implementation and risk management. read more

Brandt Joins SLR Equipment Finance as SVP of Risk

SLR Equipment Finance added Scott Brandt as senior vice president of risk. In his new role, Brandt will utilize his prior experience in credit analysis and financial services to help grow SLR Equipment Finance’s evolving financial solutions platform. read more

Hall Joins Summit Funding Group as SVP of Enterprise Sales

T. Max Hall joined Summit Funding Group as senior vice president of enterprise sales, specializing in new customer development. In this role, Hall will be responsible for relationship development within the Mid-Atlantic region for multiple industries. read more

Global Jet Capital Raises $609MM Through Newly Completed Securitization

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

Umpqua Bank Expands Middle-Market Banking Division to Colorado

Umpqua Bank expanded its middle-market banking division into Colorado with the addition of Shawn J. Thompson as market director. Thompson has more than 25 years of experience building teams and advising mid-size companies. read more

Wells Fargo Promotes Ricci to Chief Auditor

Wells Fargo promoted Paul Ricci to chief auditor, effective immediately. Ricci joined Wells Fargo in December 2019 as the chief audit director of corporate risk and capital management. read more

Ritchie Bros. Reports Slowing M/M Price Inflation Rates for Most Equipment Types

In its May market trends report, Ritchie Bros. reported pricing is still up year over year, but some month-to-month inflation rates are slowing. For example, in the United States, truck tractor prices are up approximately 52% year over year after they were up 58% year over year in last month's report. read more

Apple Bank Establishes Equipment Finance Group Industry Veteran Walters to Lead

Apple Bank is establishing an Equipment Finance Group to be headed by industry veteran Ken Walters and an initial core team of seven that has worked together for many years. The group, part of Apple Bank’s growing C&I lending practice, will launch mid-May. read more

SLR Equipment Finance Adds Priolo to Expand Business Development Capabilities

SLR Equipment Finance named Phil Priolo senior president of business development. Priolo will help grow SLR Equipment Finance’s leasing and lending activities with equipment dealers along the East Coast of the U.S. read more

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