News

The week ending May 23, 2026 closed with the S&P 500 notching its eighth consecutive weekly gain — its longest weekly winning streak since 2023 — even as the macroeconomic backdrop hardened materially against the case for near-term policy easing....

Legacy Corporate Lending, an independent asset-based lending (ABL) company serving middle-market businesses across North America, provided a $31 million asset-based credit facility to Natural Alternatives International (NAII), a formulator and manufacturer of customized nutritional supplements. The financing package includes a...

GA Merchant Solutions has been engaged to oversee the comprehensive wind-down and monetization of assets for eSolutions Furniture. Following a difficult decision to cease manufacturing operations, eSolutions Furniture is working under a court-supervised process in coordination with its lending syndicate...

Triple Flag Precious Metals has secured amendments to its existing undrawn revolving credit facility, including an increase in the size of the credit facility at more favorable terms. Under the amended agreement, the company has a credit facility of $1...

H.I.G. Capital, a global alternative investment firm with $75 billion of capital under management, added Brian Dutzar, Adam Whitman and Steven Stack to its capital formation group. The group joins H.I.G.’s private wealth management team, where they will focus on...

Flagstar Bank made several leadership updates to further strengthen its executive management team and support the continued execution of its long-term strategic plan, senior executive development and succession planning. The board of directors has approved a one-year extension of executive...

GBank Financial and GBank appointed Jeffrey K. Newgard as the president and CEO of GBank, the company’s wholly owned subsidiary, commencing June 8, 2026. Edward M. Nigro will continue as executive chairman of GBank. Newgard most recently served as chairman,...

MainStreet Bancshares, parent company of MainStreet Bank, appointed Oliver James as senior vice president, director of commercial and industrial and government contract lending. A 25-year veteran of the D.C. banking community, James is well-suited to lead the bank’s specialized team....

Associated Banc-Corp is growing its commercial banking capabilities and expanding into the Dallas market, adding a dedicated corporate and commercial banking team to complement its established commercial real estate (CRE) business in the market. The expansion includes new leadership, additional...

Potomac Bank recently welcomed Scott H. Moore as senior vice president and market president for the Winchester, Virginia, region. Moore will lead the bank’s expansion into the Frederick County and Winchester market, where the bank will offer comprehensive financial solutions...