News

Frank B. Holding, chairman and CEO of First Citizens Bank & Trust, has been appointed to the Federal Reserve Board of Governors’ Federal Advisory Council (FAC) for 2026. Holding will represent the Fifth District on behalf of the Federal Reserve...

Squire Patton Boggs has appointed William Liu as a partner in London, joining the firm’s global financial services practice group from K&L Gates. Liu’s appointment follows on from the recent hire of his former colleague Heather E. Rees, also partner...

Susser Bank has appointed Jay C. Hartzell, president of SMU, to its board of directors. A visionary and leader with an extraordinary record of accomplishment inside and outside academia, Hartzell brings a distinguished record of leadership across higher education, finance,...

AtlasClear, a financial technology holding company focused on building a modern, regulated financial services platform, entered into a definitive share purchase agreement (SPA), replacing the previous merger agreement, to acquire all of the outstanding shares of Commercial Bancorp, a Wyoming...

Customers Bank, the $24 billion subsidiary of Customers Bancorp, has been named to Forbes ‘America’s Best Banks’ list for 2026, marking the eighth consecutive year the bank has earned this prestigious accolade. “Being named to Forbes ‘America’s Best Banks’ list...

Second Avenue Capital Partners (SACP), a leading provider of asset-based loans and structured financing solutions, served as administrative agent for a $126 million senior secured credit facility supporting the acquisition of Mirai Casting Group. The facility included a $65 million...

Great Rock Capital, a private credit firm specializing in middle market lending, closed a $175 million senior secured revolving credit facility for A Crane Rental, a full-service infrastructure services provider, for which Great Rock served as administrative agent. The new...

francesca’s, a specialty retail brand known for its distinctive boutique-style experience, has voluntarily filed for protection under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the District of New Jersey. The filing is intended to...

Republic Business Credit provided an $8.5 million asset-based loan (ABL) facility to a Midwest-based sponsor-backed transportation company. The facility will refinance the company’s existing line of credit while providing additional working capital, enabling it to grow despite industry headwinds. Post-pandemic,...

NineDot Energy, a developer of community-scale battery energy storage systems (BESS) in the New York City metro area, secured a $431 million debt financing led by Natixis Corporate & Investment Banking for the construction of 28 battery storage projects totaling...