Bank of Montreal Agents BRP Facility Upsize to $1.3B

Ross Macdonald and Marcelo D. Mills were named senior vice president and regional manager of Pacific Mercantile Bank’s Newport Beach...

CIT Closes $25MM Loan to Friendly Franchisees

CIT Group’s Franchise Finance team, part of CIT's Business Capital division, closed a $25 million loan to La Palma, CA-based...

Dump LIBOR, Say Fed, BoE Officials

Reuters reported both the U.S. Federal Reserve and Bank of England urged global financial markets to increase their efforts to...

Project Build Provides $14.2MM DIP for Elements Behavioral Health

Elements Behavioral Health will execute an asset purchase with a group of its first lien lenders. To facilitate the sale,...

Access Capital Provides $500K to Point Solutions

Access Capital provided a $500,00 credit line to a woman-owned venture, Point Solutions Group.

Small Banks Winners in Dodd-Frank Rewrite

Reuters reported small lenders will gain more than major banks from the Dodd-Frank rollback passed by Congress._x000D_ _x000D_ _x000D_

FDIC: Q1 Bank Earnings Up 27.5%; Chairman Warns of ‘Reach for Yield’

The FDIC reported Q1/18 aggregate bank earnings of $56 billion were up 27.5% from the same quarter last year. The...

Gordon Bros, Others Bid to Save Necco Wafers

According to the Chicago Tribune, three new bidders have emerged to challenge stalking horse bidder Gordon Brothers’ effort to purchase...

BMO Taps Callahan as Director, BDO, Diversified Industries