Chesswood Group expanded its equipment finance footprint in the U.S. with the launch of Tandem Finance, a provider of financing for equipment purchases to small and medium sized businesses of all credit profiles. read more

MAR 21, 2019 - 7:00 am

Utica Leaseco formed an affiliate company, Utica Equipment Finance, which will offer equipment-based term loans and leases to companies throughout North America and will be led by co-founder Ed Stolarski as president of the new company. read more

MAR 20, 2019 - 7:30 am

Pitney Bowes Bank launched a new subsidiary, Wheeler Financial, which will be dedicated to helping small to middle market clients acquire the assets they need to grow and expand their business. read more

MAR 20, 2019 - 7:15 am

Hanmi Bank’s Commercial Equipment Leasing Division hired Michael Coon as senior business development and capital markets officer and Maggie Holly as first vice president, credit manager. read more

MAR 19, 2019 - 7:00 am

Mechanics Bank agreed to acquire Rabobank in a strategic business combination transaction valued at approximately $2.1 billion. The transaction has been approved by each party’s authorizing board of directors. read more

MAR 18, 2019 - 7:04 am

Hercules Capital CEO Manuel Henriquez has voluntarily stepped aside as the firm’s chairman and CEO. According to Bloomberg, the news comes in the wake of Henriquez’s indictment by federal authorities because of his alleged involvement in the college admissions cheating scandal. read more

MAR 14, 2019 - 7:05 am

The Healthcare Banking franchise of Mitsubishi UFJ Financial Group (MUFG) has expanded to include a U.S. Middle Market group. read more

MAR 12, 2019 - 7:05 am

C.H. Brown promoted Bradon R. Marshall to president. Marshall will be based in the Wheatland, WY headquarters. read more

MAR 12, 2019 - 7:00 am

Signature Bank appointed Ketih Connors to vice president, capital markets and Nick Cremonese to account officer, National Third-Party Intermediaries, a newly created position. It also promoted six capital markets and equipment finance professionals. read more

MAR 11, 2019 - 7:05 am

Fifth Third Bancorp has received all necessary regulatory approvals for completion of its acquisition of MB Financial as stipulated in the companies’ merger agreement from May 20, 2018. read more

MAR 11, 2019 - 6:45 am