Eight ex-Wells Fargo & Co. executives are facing a record $59 million in fines and the bank’s former CEO received a ban from the industry as regulators took unprecedented steps in holding individuals to account for corporate scandals, Bloomberg...
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January 24, 2020 @ 09:10 AM
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Bank rating Outlooks are still skewed to the negative, although less so than six months' ago, Fitch Ratings says. The global share of Negative Outlooks was 13% at end-2019 and the share of Positive Outlooks 5%, compared with 17% and 6%, respectively...
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January 24, 2020 @ 09:05 AM
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SSG Capital Advisors, LLC (SSG) acted as the investment banker to Papa Grande Gourmet Foods, LLC d/b/a Garcia Foods in the sale of substantially all of its assets to an affiliate of Mission Consumer Capital, LLC. The sale was effectuated through a...
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January 24, 2020 @ 09:05 AM
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BMO Financial Group announced that it has entered into a definitive agreement to acquire Clearpool Group Inc., a New York -based provider of holistic electronic trading solutions and an independent agency broker-dealer operating in the U.S. and...
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January 24, 2020 @ 08:55 AM
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Siena Lending Group LLC (“Siena”) announces the completion of seven new transactions exceeding $75 million in credit facilities during the fourth quarter of 2019. Siena’s new healthcare finance business closed two of those transactions. The...
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January 24, 2020 @ 08:00 AM
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Bank of America Business Capital is pleased to announce three new region marketing managers: Bobby Bans in the western region; Peter Langburd in the eastern region; and Steve Pomerantz in the central region. Each will oversee a team of business...
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January 23, 2020 @ 09:10 AM
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Santander Bank announced that its Commercial Banking division closed a $75 million asset-based revolving credit facility on behalf of Wind Turbine & Energy Cables Corporation (WTEC). Santander acted as administrative agent, sole lead arranger and...
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January 23, 2020 @ 09:05 AM
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J.P. Morgan continues to expand its Commercial Banking business with senior appointments to the Corporate Client Banking & Specialized Industries (CCBSI) team in Japan. This new team, part of the Commercial Bank division at JPMorgan Chase Bank, N.A....
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January 23, 2020 @ 09:00 AM
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Wynnchurch Capital, L.P., a middle market private equity firm, announced the closing of its fifth private equity fund, Wynnchurch Capital Partners V, L.P at $2.277 billion of committed capital.The Fund, which had a target of $1.6 billion, was...
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January 23, 2020 @ 08:55 AM
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Crescent Capital Group LP, a leading alternative credit investment firm, announced today that its European Specialty Lending strategy has provided unitranche financing to support the acquisition of Highcare by Bencis. Crescent has also provided an...
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January 23, 2020 @ 08:00 AM
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