Bloomberg noted in an article that PNC Financial’s CEO Jim Rohr has the longest tenure and best performing stock among a roster of 17 financial institutions.

Wellington Financial announced a $10 million venture debt financing for Beyond the Rack of Montreal. Beyond the Rack is an online shopping club offering its members top designer brand fashions, accessories, beauty and home d

According to the Wall Street Journal, state prosecutors from New York and New Jersey have issued subpoenas to nine additional banks bringing the total number of subpoenas in the LIBOR probe to 16.

Moody’s said its number of U.S. public finance rating downgrades decreased in Q3/12 as compared to Q2, but the dollar amount of downgraded debt increased and pushed the 2012 YTD total above $200 billion.

Celtic Bank has announced a working capital financing product for wholesalers and brokers of perishable agricultural commodities.

CFO reported that the potential expiration of the Bush tax cuts and the projected economic fallout from federal government tightening have business owners highly motivated to complete pending sales before the end of 2012.

The Wall Street Journal reported that chief executives of more than 80 big-name U.S. corporations are banding together to pressure Congress to reduce the federal deficit with tax-revenue increases and spending cuts.

Allegiance Capital represented Trilogy Communications in a recapitalization by Falcon Affiliates, in which Trilogy

In a news release, the FOMC said that since it last met in September economic activity has continued to expand at a moderate pace. The FOMC said it will maintain its current stimulus measures and take no new action at this time.

Salus Capital announced it has recently surpassed $250 million in new loan commitments since launching in January 2012.