Wells Fargo Commercial Capital realigned its Canada-based Equipment Finance and ABL originations teams into a newly integrated business unit, with Nicolas Lessard as the head of the combined team. read more

OCT 17, 2019 - 6:55 am

Wells Fargo reported its financial results for Q3/19. Net income for the quarter was $4.6 billion, compared with $6.0 billion in Q3/18. read more

OCT 16, 2019 - 7:05 am

Partners Capital Group hired nine more sales representatives, bringing its total hires to more than 80 vendor sales reps at Partners Capital. read more

OCT 16, 2019 - 6:55 am

Mintaka Financial has acquired Phoenix, AZ-based Summit Commercial Finance. read more

OCT 15, 2019 - 6:55 am

Wells Fargo appointed industry veteran Patricia Sutter head of Wells Fargo Corporate Trust Services. She will report to David Marks, head of Wells Fargo Commercial Capital. read more

OCT 14, 2019 - 6:25 am

Stonebriar Commercial Finance promoted Kyle C. Parks to executive vice president and named him to the SCF Executive Management team. read more

OCT 11, 2019 - 7:05 am

Ascentium Capital funded $392.4 million in volume during the third quarter of 2019, representing a 30% increase over the same period last year. read more

OCT 10, 2019 - 7:05 am

Software-focused private equity investment firm Thoma Bravo acquired majority ownership in IDS, a provider of asset finance software solutions. read more

OCT 9, 2019 - 6:30 am

Sterling National Bank agreed to acquire a portfolio of equipment finance loans and leases from Santander Bank in the wake of the latter’s decision to exit the equipment finance industry. read more

OCT 8, 2019 - 6:35 am

According to Reuters, HSBC plans to cut up to 10,000 jobs or 4% of its workforce in an effort to reduce costs. read more

OCT 7, 2019 - 6:35 am