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Lenders Express Increased Pessimism on U.S. Economy, Phoenix Lending Survey
From the third quarter Phoenix Management “Lending Climate in America” survey, results reveal lenders are increasingly pessimistic of the U.S. economy in both the near and long term.After a brief resurgence in Q2 2019, lenders displayed a more adverse outlook and assessment of the U.S. economy for...
Santander Appoints Dunphy Head of Mid Corporate Banking and Verticals
Santander Bank announced Patrick Dunphy has been appointed Head of its Mid Corporate Banking and Verticals businesses within the Commercial Bank. In his new role, Dunphy will be responsible for leading the growth of Santander's mid corporate banking platform throughout North America, including...
Sterling Bancorp Announces Retirement of CEO Gary Judd; Successor Named
Sterling Bancorp, Inc., the holding company of Sterling Bank and Trust, F.S.B., announced Chairman and CEO Gary Judd will retire after over 11 years of service with the company. Sterling’s Board of Directors has appointed Tom Lopp, the company’s current President, Chief Operating Officer and Chief...
SSG Advises True Health Diagnostics in Sale of Select Assets to Cleveland HeartLab
SSG Capital Advisors, LLC ("SSG") acted as the investment banker to THG Holdings LLC ("True Health" or the "Company") in the sale of select assets to Cleveland HeartLab, a wholly-owned subsidiary of Quest Diagnostics ("Quest"). The sale was effectuated through a Chapter 11 Section 363 process in the...
Challenges of Staying Competitive and Relevant in Asset-based Finance
Paul Bower
Despite new competitive forces from FinTech-style firms, traditional asset-based lenders should thrive and prosper into...
8/26/2019 Topic: Industry Trends
Latin America is widely recognized by U.S. investors and businesses as a region...
Topic: Accounting
Despite new competitive forces from FinTech-style firms, traditional asset-based...
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