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In Memoriam: Doug Carmichael, CEO and Co-Founder of Transport Enterprise Leasing

Transport Enterprise Leasing (TEL) issued a statement regarding the passing of Doug Carmichael, CEO and co-founder of the company. He passed on Monday, June 24, 2024, surrounded by family in Chattanooga after a brief illness. read more

Mitsubishi HC Capital America Signs Agreement with Robots-as-a-Service Provider

Mitsubishi HC Capital, along with its U.S.-based group company Mitsubishi HC Capital America, has signed a joint commercial agreement with Formic, a robots-as-a-service (RaaS) provider. The agreement allows the two companies to strategically align their efforts in the RaaS sector. read more

SLR Equipment Finance Hires Goldman as SVP, Direct Sales

SLR Equipment Finance hired Russell Goldman as senior vice president, direct sales. In his role, Goldman will help grow SLR Equipment Finance’s leasing and lending activities in Tennessee, North Carolina, South Carolina, Georgia, Alabama, Mississippi and Florida. read more

Thompson Joins Mitsubishi HC Capital America as VP, Head of Direct Sales

Mitsubishi HC Capital America, a non-bank, non-captive finance provider in North America with $7.5 billion in owned and managed assets, hired Riley Thompson as vice president, head of direct sales. read more

Mitsubishi HC Capital America Boosts Commercial Finance Credit Team

Mitsubishi HC Capital America expanded its commercial finance credit team with the addition of two seasoned credit professionals: Cary Downer as vice president, credit and Todd Thompson as vice president, credit officer. read more

JPMorganChase Unveils Expansion Plans in South Florida

JPMorganChase unveiled renovation and expansion plans for its Brickell office location in Downtown Miami. The bank is also opening a 13,000-square-foot office in West Palm Beach and three J.P. Morgan Financial Centers in Palm Beach, Jupiter and Palm Beach Gardens. read more

PeoplesBank and Cornerstone Bank Enter Definitive Merger Agreement

Following a unanimous vote from their boards, PeoplesBank and Cornerstone Bank have entered into a definitive agreement to combine their holding companies in a merger transaction. Both banks will continue operating under separate names and brands for the foreseeable future. read more

Chesswood Provides Strategic Review Update

Chesswood Group provided an update on its previously announced evaluation of the strategic direction of the company being supervised by a special committee of its board of directors. read more

Peoples Financial Services and FNCB Bancorp Receive Regulatory Approvals for Merger

Peoples Financial Services and FNCB Bancorp received all required regulatory approvals or waivers necessary to complete the previously announced merger of FNCB with and into Peoples. The merger is expected to close on July 1, 2024, pending satisfaction of customary closing conditions. read more

HP Enters into Global Program Agreement with BNP Paribas

HP has entered into a global program agreement with BNP Paribas Leasing Solutions and BNP Paribas 3 Step IT, according to a LinkedIn post from Deborah Baker, vice president, global payment solutions at HP. read more

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