News

Temenos, a global company in banking technology, unveiled Technology Trends Redefining the Future of Banking, a collaborative industry assessment with Bain, revealing the technology trends set to reshape global banking across retail, SME, corporate, wealth and payments. Based on industry...

Alkami Technology, a digital sales and service platform provider for financial institutions in the U.S., in partnership with industry expert Jim Marous and Emerald Research Group, released the 2026 update to the Business Banking Digital Maturity Model. This new research...

Margaret Hodges has been named the chief human resources officer for Blue Ridge Bank, a subsidiary of Blue Ridge Bankshares. “Margaret is a seasoned HR executive with an impressive track record in developing people strategies that enable business growth and...

Jeannie Vernetti joined The Private Bank at PlainsCapital as vice president, wealth management administrator. She will be based at the bank’s 50th and University location in Lubbock. In her new role, Vernetti will support clients across a full range of...

Andrew Kwok joined Mayer Brown as a partner in its global funds and asset management practice in Los Angeles. Kwok joins from PEG Companies, where he served as chief legal officer. “Andrew brings sophisticated in-house leadership experience from his time...

Utica Equipment Finance closed a $7 million capital lease for a Southeast-based site development and heavy civil contractor. Secured by a broad pool of heavy equipment including excavators, dozers, articulated dump trucks, wheel loaders, motor graders and compactors, the lease...

Arch Capital Management, a new working capital and asset-based lending platform, officially launch, expanding the team’s commitment to helping growth-oriented businesses access practical, flexible credit solutions. Built by the operators behind Cirrus Capital Partners, Arch was created to meet a...

Wingspire Capital closed a $30 million revolving credit facility to SportPet Designs, a designer, manufacturer and distributer of best-selling pet products sold through major retailers. Proceeds will be used to refinance an existing credit facility and provide enhanced working capital...

Platinum Credit Opportunities Funds (PCOF) and Ares Commercial Finance (ACF) provided financing to support Kingswood Capital Management’s acquisition of Daramic, a Charlotte, NC-based global leader in supplying polyethylene and phenolic resin-based battery separators to the lead battery industry. “This financing...

Scorpio Tankers received a commitment from Bank of America for a credit facility of up to $50 million. The credit facility will be used to finance two 2015 built LR2 product tankers, STI Rose and STI Alexis. The credit facility...