The Toronto-Dominion Bank (TD) and Wells Fargo & Company announced a definitive agreement, subject to certain closing conditions, for TD to acquire Wells Fargo's Canadian Direct Equipment Finance business.The acquisition of Wells Fargo's Canadian Direct Equipment Finance business is expected to add scale and capabilities to TD's existing Canadian Equipment Financing business and expand TD's presence in core markets. Wells Fargo's Canadian Direct Equipment Finance's direct origination model is
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January 15, 2021 @ 08:17 AM
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Despite global uncertainty resulting from a number of ongoing events including the COVID-19 pandemic, the U.S. presidential election, Brexit negotiations and trade tensions between the U.S. and China, global VC investment remained very robust in Q4’20, with $80.8 billion in investment across 5,418 deals. According to the Q4’20 edition of the KPMG Private Enterprise Venture Pulse report, this strong performance helped drive annual global VC investment to $300.5 billion – the second highest level
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January 22, 2021 @ 07:30 AM
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Greystone announced that Michael Zampetti, Jr., Managing Director, has joined the Commercial finance team led by Scott Chisholm, based in New York. In this role, Mr. Zampetti will focus on loan production across an array of platforms while working to expand the firm’s lending activities to a broader scope of commercial asset classes.Mr. Zampetti brings to Greystone 20 years of CRE lending, asset management, and securitization. He comes to Greystone after seven years at CIBC, where he focused on
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January 14, 2021 @ 08:00 AM
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Peapack-Gladstone Financial Corporation and Peapack-Gladstone Bank announced the elevation of Gregory M. Smith to President of Commercial Banking and Stuart Vorcheimer to Market President and Head of Commercial and Industrial (C&I) Lending at Peapack-Gladstone Bank.In his new role, Smith will lead commercial banking across the organization, including C&I, commercial real estate and multifamily lending, equipment finance, investment banking and corporate advisory, the Bank’s platinum service team
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January 22, 2021 @ 08:12 AM
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SG Credit Partners has started a collateral-based lending division and hired Nathalie Butler to be Managing Director, Underwriting to lead this group. Butler has over 20 years of experience including asset valuation, disposition and most recently lending. Previously she was part of the senior team that built a leading specialty finance company. This new group was formed to fill the void left by the lending community unable to finance illiquid and esoteric assets or other situational bridge needs
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January 26, 2021 @ 08:30 AM
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