Sumitomo Mitsui Finance and Leasing (SMFL) agreed to acquire a 35% stake in Libra Group’s aviation subsidiary, LCI. Additionally, SMFL and Libra Group plan to grow LCI’s business by US$1.5 billion...
PEAC Solutions, a vendor financing company, and Armada Credit Group, a provider of equipment finance services in Canada, formed a joint venture that will allow PEAC to expand its global...
According to the Equipment Leasing and Finance Association, Eileen Schoonmaker, U.S. general manager of soft assets at DLL, and Amy Ventling Hester, U.S. general manager of hard assets at DLL,...
At a specially convened meeting of the Equipment Leasing and Finance Association (ELFA) board of directors, Bob Neagle, chair of the ELFA, announced Ralph Petta will retire as president and...
SMBC Nikko Securities America, a member of SMBC Group, appointed Steven Feinberg head of credit for the fixed income sales and trading group, which is based in New York. In...
According to the Canadian Finance and Leasing Association (CFLA), the Government of Alberta tabled amendments that allow e-chattel paper under Bill 9 – Red Tape Reduction Statutes Amendment Act, 2023....
Pinnacle Financial Partners hired Anita Ball as equipment finance operations manager and Raven Sheehan as financial advisor assistant. They will be based at Pinnacle’s Birmingham, AL, office. “I’m very excited...
The Federal Reserve announced that it will raise the target range for the federal funds rate to between 4.75% and 5% on Wednesday, marking a quarter point increase and its...
Thanks in part to an overwhelming number of nominations from our audience, ABF Journal’s third annual Top Women in Asset-Based Lending feature includes profiles with nearly 50 of the most...
Mitsubishi UFJ Financial Group (MUFG) expanded its healthcare finance platform with the hiring of Tony Sendik as director and senior originator. Sendik will be responsible for helping to lead business...
