News

KeyCorp completed its previously-announced acquisition of Clearwater Corporate Finance, a UK-based middle market investment banking advisory firm. “Completing this acquisition marks an important step in expanding our global advisory platform,” Randy Paine, president of Key Institutional Bank, said. “Clearwater UK’s...

First Citizens Bank added to its regional leadership team. Stacie Bales Barton and Sharon Thompson have joined the bank as regional executive vice presidents, supporting First Citizens’ continued growth and expansion into the Central United States. Both will report directly...

The Huntington National Bank appointed Blake Absher as Central Texas division president. Based in Austin, Absher will lead Huntington’s client strategy and growth across Austin, San Antonio, Waco and Bryan/College Station, further strengthening the bank’s presence in Central Texas. Absher...

Austin Wills has joined Susser Bank as senior vice president, relationship manager on its technology banking team. Based in the bank’s Austin office, Wills will partner with technology and technology-enabled companies across Texas and throughout the United States, supporting clients...

Provident Financial Services appointed Michael E. Regan to the boards of directors of the company and its wholly owned subsidiary, Provident Bank, effective July 30, 2026. Regan is a seasoned financial regulatory executive with more than 35 years of experience...

Lendmark Financial Services, a provider of household credit and consumer loan solutions, is celebrating its 30th anniversary. Founded on Aug. 5, 1996 by founder and CEO Bobby Aiken, the company has grown from its first location in Conyers, GA into...

First Citizens Bank is bringing together its factoring, asset-based lending, supply chain finance, international factoring and receivables purchasing businesses into one group called working capital finance. Currently, these businesses are operating as CIT Commercial Services, which provides middle market consumer...

JPalmer Collective (JPC), a customized asset-based lending (ABL) solutions provider for high-growth consumer brands, appointed Chris Mayo as senior vice president, portfolio management. Mayo brings significant commercial banking and asset-based lending experience to the role, including underwriting, structuring and managing...

Gateway Trade Funding closed more than $3.4 million in stretch finance facilities for businesses across the United States and Canada during the last 10 days of July. Businesses used the funding to purchase inventory, pay supplier deposits, fulfill customer orders,...

S&P Dow Jones Indices (S&P DJI), an index provider, has launched the S&P U.S. CLO Investment Grade Indices, expanding the essential tools available for investors to track and analyze structured credit markets. By combining independent market pricing, Collateralized Loan Obligation (CLO)...