News

M&T Bank appointed Jeff Carpenter as its new regional president of Massachusetts. With more than two decades of corporate and specialty banking experience, Carpenter brings deep regional knowledge, financial expertise and a strong record of leadership to this role. Carpenter...

Beach Cities Commercial Bank appointed Thomas J. Inserra as president, CEO and board director, effective Monday, Feb. 2, 2026, following all necessary reviews and the issuances of non-objections by the FDIC and the DFPI, the bank’s regulatory agencies. “We are...

Simmons Bank, a wholly owned subsidiary of Simmons First National, made multiple executive leadership appointments. Brian Jackson joined as president, consumer and wealth management, and Jonathan Schneider joined as president, commercial banking. Simmons will also add an eight-member private banking...

Park National, on Feb. 1, 2026, it successfully completed its previously announced merger transaction with First Citizens Bancshares through an all-stock transaction. The merger combines two community-focused bank subsidiaries (Park National Bank and First Citizens National Bank) and extends Park’s...

Webster Financial, the holding company for Webster Bank, signed a definitive agreement under which Banco Santander will acquire Webster in a cash-and-stock transaction. Under the terms of the agreement, Webster stockholders will receive $48.75 in cash and 2.0548 Santander American...

MidCap Financial, a commercial finance company focused on middle market transactions, provided a senior secured credit facility to Agile Occupational Medicine, jointly owned by affiliates of Angeles Equity Partners and Kain Capital. The credit facility consists of a revolver with...

Carbon Health Technologies, a technology-enabled healthcare provider, has reached an agreement with its existing lenders on the terms of a comprehensive restructuring that establishes a clear path to recapitalization and new ownership. The agreement provides for a dual-track, court-supervised process...

Aequum Capital Financial, an asset-based and private credit lender, promoted Eric Weisheit and Geno Ruggles to partner, effective immediately. These promotions recognize Weisheit’s and Ruggles’ leadership, deal execution and long-standing contributions to Aequum’s growth, culture and investment performance. “Eric and...

TradeCap Partners recently provided a $9.2 million production PO finance facility for a ready-to-eat food manufacturer. TradeCap was originally introduced to the company’s banker, who was helping the company find an incremental capital solution since the bank wasn’t able to...

Trinity Capital, an international alternative asset manager, committed £25 million in growth capital to Motorway, an online used-car marketplace in the UK. “Motorway is redefining the way cars are sold in the UK by putting simplicity, speed and value at...