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Sessions Named New President of Bank of America Business Capital
Bank of America Business Capital (BABC) announced that Karen Sessions has been named President, succeeding Jeff McLane, who was named U.S. Regional Commercial Credit Executive at Bank of America Merrill Lynch.  Sessions will lead an international team of asset-based lenders. With nine primary...
Wells Fargo Healthcare Corporate Banking Group Achieves Double-Digit Growth
The Healthcare division of Wells Fargo Corporate Banking has made significant investments to expand its practice since its formalization. Healthcare Corporate Banking has doubled its capital commitments to the for-profit health care industry and has grown from a team of 12 to more than 75 team...
Credit Suisse Closes $200MM Revolver for Kabbage
Kabbage Inc., a global financial services, technology and data platform serving small businesses, announced a new $200 million asset-backed revolving credit facility with Credit Suisse.The new facility diversifies Kabbage’s funding sources, enables the company to scale faster, and establishes...
E&P Bankruptcies Take a Nosedive in 2017, Haynes and Boone
The rate of exploration and production (E&P) bankruptcy filings in the energy sector has continued to drop over the course of 2017, with total filings down by more than two-thirds compared to the same period in 2016, according to the law firm of Haynes and Boone. While 64 E&P companies filed for...
Warning Flags Are Rising for Private Equity Firms
Brian Connors
Brian Connors, managing director of Conway MacKenzie, on why even a flood of new investment money won’t protect private...
10/16/2017 Topic: Industry Trends
Brian Connors, managing director of Conway MacKenzie, on why even a flood of new...
Ben Nicholson, of Fortis Business Advisors, writes on the short- and long-term...
Topic: Bankruptcy
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