News

Wells Fargo Investment Institute released its 2023 outlook report, which outlines its expectations for a recession in the first half of 2023, recovery around mid-year and a rebound that gains strength into year-end.

Finastra research revealed views on open banking in the United States have matured over the last year, with 68% of respondents considering it either a 'must have' or 'important', up from 48% last year.

SSG Capital Advisors acted as the investment banker to David W. Carickhoff, Jr., Esq., the Chapter 7 Trustee of Electric Last Mile Solutions and its subsidiary, Electric Last Mile, in the sale of substantially all assets to Mullen Automotive for...

Winc and its subsidiaries initiated voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware. The Bankruptcy Court granted the company interim approval to enter into a debtor-in-possession facility comprising a $5 million term loan.

Regions Bank created a franchise lending team led by industry veteran Peter Salas. Salas and his team will focus on helping drive business sustainability and expansion through specialization in franchise concepts.

Tidal Financial Group, an ETF investment and technology platform, listed Senior Secured Credit Opportunities ETF, an actively managed secured credit fund managed by Gateway Credit Partners.

400 Capital Management, an alternative credit asset manager specializing in structured credit with over $5.7 billion of capital under management, closed its Asset-Based Term Fund III.

International Data Corporation unveiled its future of work predictions for 2023 and beyond, noting that the reality of the current global economic, climate and business challenges in the United States requires workers to be a part of dynamic and reconfigurable...

Sweet Leaf Madison Capital, a nationwide provider of tailored debt financing solutions for the middle-market compliant cannabis industry, added Baker Perkins to its preferred vendor program.

Trinity Capital, a provider of diversified financial solutions to growth-stage companies, entered into an agreement to co-manage a newly formed joint venture, i40, with more than $5 billion of assets under management.