Fifth Third Launches Renewable Energy Investment Banking Group

Fifth Third Securities hired Timothy Beach, Ari Citrin and Oliver Janssen as managing directors to lead its new Renewable Energy Investment Banking Group.

MOXY Bank Launches as DC’s Newest Bank in 20 Years

MOXY Holdings has submitted a banking license application to the D.C. Department of Insurance, Securities and Banking and FDIC. Upon approval, MOXY Bank anticipates opening in 2019.

Piermont Bank Launches in NY with Cai-Lee as President/CEO

Piermont Bank, a newly chartered full-service commercial bank in New York, is now open for business. Wendy Cai-Lee will serve as president and CEO of the new bank.

Turnaround Pros Launch MACCO Restructuring Group

Drew McManigle, a seasoned interim leader and restructuring professional, launched Houston-based MACCO Restructuring Group.

Burch to Lead Huntington New Medical Practices Unit

Huntington Bank launched a health care finance unit, dedicated to helping private health care and medical practices, to be led by industry veteran David Burch.

TCF Financial Launches TCF Capital Solutions

TCF Financial launched TCF Capital Solutions  to bring together the resources of TCF Equipment Finance and Winthrop Resources,

Grasshopper Bank Launches with Seasoned Leadership Team

Grasshopper Bank, a newly chartered national bank, has completed its private placement offering and the receipt of all final regulatory approvals for the bank to open for business.

NAB, Leumi & CIBC Launch Online Innovation Portal

Bank Leumi of Israel, CIBC and National Australia Bank launched the Global Alliance Fintech Link, a global online portal developed to help drive client-focused innovation by facilitating collaboration between the banks and fintechs.

CIT, Facebook Support $416MM Longwood Energy Solar Project

CIT Group served as the coordinating lead arranger on a $416 million debt financing supporting Longroad Energy’s 379-megawatt Prospero solar facility. Facebook will be the sole tax equity investor.

Fuel Break Launches Restructuring Partnership with Jack Rose

Fuel Break Capital Partners launched Fuel Break Restructuring Solutions, a new strategic venture with bankruptcy and restructuring lawyer Jack Rose.