Last Week’s Top Stories

Siemens Mobility Awarded €650MM Contract from VIA Rail Canada

Siemens was awarded a €650 million contract in Canada to design and build the next generation of VIA Rail Canada’s trainsets. read more

Verdant Hires GE Vet to Support Construction & Industrial Vendor Partners

Verdant Commercial Capital hired Josh Snider as VP, relationship manager, to support vendor relationships in the Construction and Industrial verticals. read more

BMO Unveils Plans for Flagship Chicago Headquarters to Accelerate U.S. Growth

Opening in 2022, the BMO Tower will accelerate the bank's strategy to build its growth in the U.S., bringing approximately 3,600 BMO employees into a single building. read more

TimePayment Appoints GE Vet as Director of Strategic Alliances

Sue Monfore will focus on building strategic vendor alliances for TimePayment in micro-ticket equipment finance. read more

FASB Issues Narrow-Scope Improvements to Accounting for Lessors

The Financial Accounting Standards Board issued an Accounting Standards Update expected to reduce lessor’s implementation and ongoing costs associated with applying the new leases standard. read more

Macquarie to Acquire Waypoint Leasing Assets for $650MM

Waypoint Leasing Holdings entered into an agreement to be purchased by Macquarie Group for approximately $650 million. read more

Investors Bank Appoints Kalamaras Chief Risk Officer

Investors Bancorp appointed Paul Kalamaras executive vice president and chief risk officer of both the holding company and Investors Bank. read more

CLFP Foundation Adds 26 New CLFPs

The Certified Lease & Finance Professional Foundation announced that 26 individuals who sat through the eight-hour online CLFP exam during the recent months have successfully passed. read more

Wintrust Commercial Finance Hires Swearingen as Financial Analyst

Wintrust Commercial Finance, a division of Wintrust Asset Finance, hired Mark Swearingen as a financial analyst. read more

First Midwest to Acquire Bridgeview Bank

First Midwest Bancorp entered into a definitive agreement to acquire Bridgeview Bancorp, the holding company for Bridgeview Bank Group. read more

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Terry Mulreany
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