The 987 total commercial chapter 11 bankruptcies filed during the first six months of 2024 represented a 70 percent increase over the 582 filed during the same period in 2023, according to data provided by Epiq AACER, the leading provider of U.S....
Read Full News
July 03, 2024, 07:22 AM
|
U.S. Bank announced Tina Eickhoff as the new head of its equipment finance business. Eickhoff will replace Tony Cracchiolo, who is retiring after leading U.S. Bank Equipment Finance for the past decade.Eickhoff most recently served as Director of...
Read Full News
June 27, 2024, 07:25 AM
|
It is with profound sadness that we mourn the passing of Doug Carmichael, CEO and co-founder of Transport Enterprise Leasing (TEL). He passed Monday, June 24, surrounded by family in Chattanooga, TN after a brief illness.“Doug was an extraordinarily...
Read Full News
June 26, 2024, 07:25 AM
|
Mike McCuen, First Commonwealth Bank’s Corporate Banking Executive since September 2023, has been elevated to the position of Chief Lending Officer and Executive Officer for First Commonwealth Financial Corporation, the bank announced.As Chief...
Read Full News
July 02, 2024, 07:22 AM
|
Mitsubishi HC Capital America announced the hiring of Riley Thompson as Vice President, Head of Direct Sales, Structured Finance.As part of Mitsubishi HC Capital America’s overall strategy to expand the direct leasing portfolio, Thompson will be...
Read Full News
June 25, 2024, 07:22 AM
|
Tamarack Technology, Inc., a provider of artificial intelligence (AI)-based automation and business intelligence software designed for the equipment finance industry, has successfully obtained SOC 2 Type 2 compliance for its Tamarack AI Product Suite...
Read Full News
June 28, 2024, 07:20 AM
Filed Under:
|
The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), a survey of economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, reports that in May:
New...
Read Full News
June 26, 2024, 07:22 AM
|
PEAC Solutions announced a significant milestone with its first Asset Backed Securitization (ABS) transaction which closed on June 25.PEAC Solutions Receivables 2024-1 LLC (PEAC 2024-1) issued notes totaling $600 million. The notes are backed by...
Read Full News
July 02, 2024, 07:25 AM
|
The PNC Financial Services Group announced Carole Brown has elected to retire as head of Asset Management Group, effective Aug. 1. Brown will remain with PNC as a senior advisor through early 2025.“I am grateful for Carole’s many contributions to the...
Read Full News
July 08, 2024, 07:22 AM
|
Amerant Bank has named Jesse Flowers as EVP, Palm Beach Market President. Flowers, an integral part of the financial services industry in the Palm Beach market, brings over two decades of experience in banking, specializing in servicing clients...
Read Full News
July 03, 2024, 07:20 AM
|