News

nFusion Capital promoted Melanie Guzman to executive vice president of factoring. In her new role, Guzman will spearhead the firm’s nationwide factoring growth strategy and oversee its international portfolio management team. With nearly 20 years of experience in commercial finance, including...

The week ending May 2 closed with the Federal Open Market Committee holding the federal funds target range at 3.50%–3.75% on an 8-4 vote — the most dissents at a single meeting since 1992 — capping Chair Jerome Powell's final...

Potomac Bank appointed Brian J. Hester as vice president, commercial relationship manager at its main office in Charles Town, West Virginia. Hester will support current commercial loan clients and develop new commercial client relationships in the Jefferson County, West Virginia,...

Zions Bancorporation appointed Mike Selfridge as executive vice president and head of wealth management, effective June 1, 2026. Most recently, Selfridge served as head of client and family office solutions and client credit advisory at Bessemer Trust, where he was responsible for lending, private credit and banking solutions...

First Bank, a subsidiary of First Bancorp, appointed Andy Scott as Triangle regional executive. Scott brings more than 25 years of banking experience and a strong track record of leadership across North Carolina to the role. He will lead the...

Richard Petretti joined Buchalter as a partner in its Los Angeles and San Diego offices and is a member of the commercial finance practice group. “Richard is a highly regarded finance lawyer with deep experience across complex lending and restructuring...

CohnReznick, a professional services firm, added Brett Long as an assurance partner in the firm’s commercial real estate industry practice. A CPA, Long has 20 years of experience serving real estate funds, asset management companies and clients throughout the broader...

Republic Bank & Trust has been named to the Forbes list of the World’s Best Banks, the only Kentucky-based bank to receive this recognition in 2026. This award is presented annually by Forbes in partnership with Statista, a statistics portal...

Foretrust Funding, an alternative lender, increased funding volume by 5X and tripled revenue after implementing Cloudsquare’s Salesforce-native lending platform. By replacing fragmented systems and manual processes with a unified solution built on Salesforce, Foretrust has scaled operations while maintaining efficiency...

Establishment Labs, a global medical technology company dedicated to improving women’s health and wellness, principally in breast aesthetics and reconstruction, entered into a $300 million senior secured term loan facility with funds managed by Oaktree Capital Management. The amended and...