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Week's News

First Citizens Bank announced that its Healthcare Finance division has closed a $125 million senior credit facility for New Day Healthcare, a market-leading provider of home-based services. The funding will refinance New Day’s existing debt... Read Story

Filed Under: Healthcare
November 21, 2024 @ 08:15 AM

Bank of America named Ed Siaje President of Bank of America Detroit. As president and head of the market, he will connect clients, teammates and communities to the full power of the franchise and drive integration across the bank’s eight lines of... Read Story

November 21, 2024 @ 08:07 AM

Fifth Third Bank announced Matt Nipper as Northern Ohio RegionPpresident. Nipper succeeds Tom Partridge, who is serving as group regional president.As Region President, Nipper is responsible for the growth and strategic alignment of the Bank’s... Read Story

November 21, 2024 @ 08:06 AM

Cadence Bank announced that Brad Silcox has joined the organization as Executive Vice President and President of Asset Management and Trust. Silcox has spent the past 20 years at Wilmington Trust, a subsidiary of M&T Bank, in various executive... Read Story

November 21, 2024 @ 08:00 AM

SSG Capital Advisors (“SSG”) served as the investment banker to Anada Inc., OvaInnovations, LLC, and Crimson Holdings, LLC in the sale of substantially all its assets to Veos USA Inc. (“Veos”). The sale was effectuated through a Chapter 11 Section... Read Story

November 21, 2024 @ 08:00 AM

eCapital appointed Chris Huntington as SVP, Business Development Officer within its ABL Group. Based in Boston, Massachusetts, Huntington will enhance the company’s presence on the East Coast, bringing a wealth of specialty finance experience to the... Read Story

November 21, 2024 @ 07:58 AM

Gateway Trade Funding, a PO and Stretch Financing company, recently completed the following stretch finance transactions: A $300,000 facility to a US oil and gas equipment company selling to US corporations. A $750,000 facility to a US supplier... Read Story

November 21, 2024 @ 07:49 AM

SS&C Technologies Holdings announced findings from a new survey: Financial services companies are increasingly leveraging artificial intelligence (AI) to drive operational value. Conducted at the 2024 SS&C Deliver conference, the survey of 213... Read Story

Filed Under: Industry News
November 21, 2024 @ 07:00 AM

ACMS Group, founded in 1955 and headquartered in Indiana, has successfully completed many projects in the steel, refining, industrial gas, and power generation industries. ACMS Group brings in-depth engineering and construction experience to a... Read Story

Filed Under: Engineering
November 21, 2024 @ 06:00 AM

Provident Bank announced the addition of six experienced lenders in the commercial banking space: Matthew Moresco, Matthew Skilton, Gerald Bresser, Michael Valenzano, Patrick Beaner, and Daniel Decker. These strategic hires come as part of the... Read Story

November 20, 2024 @ 08:15 AM