Today’s News

Last Updated: Friday, March 27, 2015, 4:45 pm

JPMorgan Retains Top Investment Bank, Revenues Slip

JPMorgan reportedly retained its crown as the top performing investment bank in 2014, although its revenues fell 6%, new data showed.

Greenwich: Positive Signs for Small Business, Mid-Market Banking

For the past two years, small businesses and mid-sized companies have become increasingly happy about the status of their banking relationships, according to a new study from Greenwich Associates.

Allied Affiliated Closes $3.1MM in A/R Facilities

Allied Affiliated Funding announced the following recently closed transactions.

LightSquared Bankruptcy Exit Plan Earns Court Approval

Wireless venture LightSquared reportedly concluded three years of litigation with creditors, securing U.S. Bankruptcy Court approval of a plan to end its Chapter 11 case and repay in full its largest creditor.

CapitalPlus Hires Chico as NSM

CapitalPlus Equity announced Raul Chico has joined the company as National Sales Director. In this role, Raul will be responsible for new business activities.

RadioShack to Fight for Standard General Takeover

RadioShack reportedly said an offer from Standard General to save much of the iconic chain is the best to emerge from an auction, beating out rival offers that would see the retailer shut down.

BMO Harris Bank Expands ABL Team

BMO Harris Bank is continuing the national expansion of its ABL team with the opening of a new office in Irvine, CA. The office will be led by Tom Sinclair.

JPMorgan Provides InfuSystem $45MM Facility

InfuSystem Holdings secured a $45 million facility with JPMorgan Chase Bank, and has retired its previous $36.5 million facility with its prior lender group.

BofA, Rabobank Complete Dean Foods Refi

Dean Foods entered into a new $450 million senior revolver with Bank of America and Rabobank.

First Business Capital Provides Skyline Facility

Skyline and certain of its wholly owned subsidiaries entered into a loan and security agreement with First Business Capital, providing for a renewable three-year secured revolving credit facility.