News

Jamie Dimon, CEO of JPMorgan Chase, issued a stark warning during a recent interview, cautioning that the U.S. economy could be heading toward a recession as global tensions rise and trade tariffs escalate. Dimon pointed to a convergence of risk...

PITTSBURGH — Mark Wiedman has been appointed president of The PNC Financial Services Group, Inc. and its banking subsidiary, PNC Bank, effective immediately, the company announced Monday. Wiedman, formerly a senior managing director at BlackRock, will report to PNC Chairman...

Austin Financial Services, Inc. (AFS) is pleased to announce the closing of a $6 million asset-based lending (ABL) facility for an industry leading, full service domestic and international mail service provider. The facility includes an accounts receivable revolver and a...

PISCATAWAY, N.J.--(BUSINESS WIRE)--Kashiv BioSciences, LLC, a fully integrated biopharmaceutical company, has entered into a senior secured credit agreement with GoldenTree Asset Management, which acted as sole lender. The $150 million credit facility will support the company's ongoing infrastructure expansion, research...

Chicago, IL, April 8, 2025 – Monroe Capital LLC (“Monroe”) announced it acted as joint lead arranger on the funding of a senior credit facility to support the acquisition of PAI Pharma (“PAI”) by Olympus Partners. Founded in 1968 and...

JERICHO, N.Y., April 7, 2025 /PRNewswire/ -- Esquire Financial Holdings, Inc. (NASDAQ: ESQ) (the "Company"), the financial holding company for Esquire Bank, National Association ("Esquire Bank" or the "Bank"), (collectively "Esquire") today announced that the Bank has entered into a sourcing joint venture...

NEW ORLEANS – When a growing, women-owned natural beauty and cosmetics manufacturer wanted to accelerate its growth, it partnered with Republic Business Credit to reach its strategic goals. Republic provided a $2.5 million factoring facility that refinanced its incumbent lender’s...

ST. LOUIS, April 07, 2025 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced the completion of its acquisition of 36 B. Riley employee advisors, representing total assets under management of approximately $4 billion. “We are very excited to...

BALA CYNWYD, PA, April 8, 2025 – Edge Capital Lending, LLC ("Edge") is proud to announce its selection as one of three finalists for the Banking Tech Awards in the Innovative Use of Existing Technology category—alongside JP Morgan Chase and...

WASHINGTON, D.C., ATLANTA, and MIAMI, April 7, 2025 ― Duane Morris LLP has announced that Andrew M. Tucker and Rebekah D. McCorvey have joined as partners in the firm's Corporate Practice Group in its Washington, D.C., and Atlanta offices, respectively....