Velocity Equipment Finance, an operating division of TransPecos Banks, SSB, has entered into a strategic funding agreement with Targeted Lending Co., LLC.With the financial strength of Velocity’s innovative, bank-owned platform, the agreement will...
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September 28, 2023, 07:18 AM
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Confidence in the asset-based lending market in the second quarter was driven by hopes of a soft landing for the U.S. economy, according to data released by the Secured Finance Network. But lingering headwinds and recession risks still must be taken...
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September 28, 2023, 07:15 AM
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The law firm of Moritt Hock & Hamroff announced that Terese Arenth, Leslie Berkoff, Ted Berkowitz, Michael Cardello, James Chou, David Cohen, Robert Cohen, Theresa Driscoll, Andrew Eckstein, David Fitzhenry, Robert Fryman, Julia Gavrilov, Stephen...
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September 28, 2023, 07:03 AM
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Natixis Corporate & Investment Banking (Natixis CIB) announced the hiring of Asif Khan as Managing Director, Head of Structured Credit Capital Markets within the Global Markets Americas team. He will report to Emmanuel Issanchou, Head of Global...
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September 28, 2023, 07:01 AM
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The latest release of ACT’s For-Hire Trucking Index suggests an approaching turning point in the freight cycle, but perhaps not as quickly as for-hire fleets would prefer.ACT For-Hire Trucking Index Supply-Demand Balance August 2023The Supply-Demand...
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September 28, 2023, 07:00 AM
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WSFS Financial Corporation announced its Global Capital Markets team’s expansion into the Collateralized Loan Obligations (CLO) market. To support this expansion, the Company is adding new team members with expertise in CLOs."We are excited to expand...
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September 28, 2023, 06:54 AM
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TriState Capital Bank announced that Scott Gundersen has joined the company as senior vice president, relationship manager of Private Banking. In this role, Gundersen is responsible for managing relationships and driving new business opportunities...
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September 28, 2023, 06:00 AM
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Centerbridge Partners and Wells Fargo & Company announced they are entering into a strategic relationship focused on direct lending to non-sponsor North American middle market companies. To meet the alternative credit needs of this segment...
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September 27, 2023, 07:15 AM
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Patricia Voorhees, a director with The Alta Group, will lead a panel discussion on the rapidly developing climate finance market at the Equipment Leasing and Finance Association’s 62ndannual convention here Oct. 22-24. Climate-focused equipment is...
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September 27, 2023, 07:14 AM
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The increase in large corporate bankruptcies in the first half of 2023 marked a reversal from a gradual decline in filings since the start of 2021, according to a report released today by Cornerstone Research.The report, Trends in Large Corporate...
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September 27, 2023, 07:14 AM
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