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
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
Sumitomo Mitsui Finance and Leasing hired Gregory Berg as director of its Transportation Finance Group. Berg will be responsible of launching the Specialty Vehicle business for SMFL to strengthen their footprint in the transportation market. read more
As the U.S. regulatory approval process continues, the closing of the sale of MUFG Union Bank to U.S. Bancorp has been shifted to H2/22, subject to the receipt of required regulatory approvals and the satisfaction of other closing conditions. read more
BMO named Jon Biorkman the new U.S. managing director and head of BMO Equipment Finance. Biorkman is based in Milwaukee and serves on the board of directors for the Equipment Leasing and Finance Association. read more
Wells Fargo formed six businesses within its corporate and investment bank’s (CIB) markets group, effective immediately. The leaders of each business line will report directly to Mike Riley and Dan Thomas, co-heads of markets for Wells Fargo. read more
JPMorgan Chase Commercial Banking named Arnold Evans managing director and co-head of the emerging middle-market division (EMM) within the company’s middle-market banking and specialized industries (MMBSI) business. read more
On Wednesday, the Federal Reserve unveiled its plan to raise the federal funds rate to 0.75% to 1%. According to Yahoo Finance, the 0.5% hike was “the most aggressive increase made in a single meeting since May 2000.” read more
Encina Equipment Finance added Peter Carpenter and Matt Farley as managing directors of originations and Zach Brasser as an associate. Carpenter, Farley and Brasser will report to Brian Daley, senior managing director and commercial leader for Encina Equipment Finance. read more
The Equipment Leasing and Finance Association’s Accounting & Technology Conference held a breakout session titled Leading the Future of Work – Considering Unconscious Bias in Design, Data & Technology, with the discussion led by Stephanie Case, global chief human resources... read more
In late 2020, Brian Slipka, former senior vice president and head of TCF Technology Finance at TCF Capital Solutions/Winthrop Resources, along with Shea Huston, former regional vice president of the central and western U.S. divisions for Winthrop, launched Honour Capital,... read more
Dale Tower, vice president of remarketing at Corcentric Capital Equipment Solutions, discusses how, after climbing to the highest historic inventory levels for used trucks in 2019 and 2020, the market has overcorrected itself into a historic low for inventory levels.
President and CEO,
Mitsubishi HC Capital America
To make a return-to-office plan successful, Ryan Collison, president and CEO, Mitsubishi HC Capital America, says companies need to realize that the model is about productivity and culture, not just logistics.