Peri Rejoins PwC as Partner in Risk Assurance Practice
PwC US announced the appointment of Venkata Peri as a partner in the firm’s expanding Risk Assurance practice. An alumnus of PwC Consulting, Peri rejoined the firm from Deloitte Consulting.
PwC US announced the appointment of Venkata Peri as a partner in the firm’s expanding Risk Assurance practice. An alumnus of PwC Consulting, Peri rejoined the firm from Deloitte Consulting.
A report by BofA Merrill Lynch Global Research, Merrill Lynch Wealth Management and U.S. Trust found significant opportunities in reviving the U.S. economy, innovative technologies and a rising emerging market middle class.
Moody’s said it has changed its outlook on the U.S. banking system to stable from negative, reflecting continued improvement in the operating environment and reduced downside risks to the banks from a faltering economy.
Credit Suisse’s Asset Management business announced that it was named “CLO Manager of the Year” at Creditflux’s 2013 CLO Manager Awards.
Reuters reported that commercial borrowing by small and medium-sized businesses in Canada climbed in Q1/13, driven by strong domestic and global demand, citing a PayNet survey.
In its latest report on manufacturers’ shipments, inventories and orders, the U.S. Census Bureau said new orders for durable goods in April increased $7.2 billion or 3.3% to $222.6 billion.
The ABF Journal and abfjournal.com office will be closed on Monday, May 27 in observance of Memorial Day. We will return on Tuesday, May 28 to bring you our coverage of the commercial finance industry.
Bloomberg reported that GE is considering spinning off parts of its finance unit through an IPO as CEO Jeffrey Immelt works to shrink the business.
Reuters reported that Toshiba and Kohlberg Kravis Roberts are among those expected to bid for Panasonic’s healthcare business. Bank of America Merrill Lynch is advising Panasonic on the sale.
Redwood Capital Group announced that it was named the winner of both the M&A Deal of the Year (between $100 million and $250 million) and the Deal Financing of the Year.