Category: ABF Journal Executive Profiles

Strategic Acquisition to Drive Profits: MB Business Capital’s Michael Sharkey Sees Bright Future for Rebranded ABL

In this Q&A with Michael Sharkey, the president of MB Business Capital discusses plans for the newly rebranded commercial bank, formerly Cole Taylor Business Capital, following MB Financial’s acquisition of Taylor Capital Group in August 2014. Sharkey aims to steer MB Business Capital toward becoming one of the country’s top ABLs.

Staying Customer-Focused… Service a Top Priority at Investors Bank’s New ABL Unit

Investors Bank jumped into asset-based lending late last year as part of a strategy to diversify its lending products. The group’s new executive team provides insights into how they intend to keep the customer at the center of the process by offering complete depository services plus robust ABL products, encompassing revolvers, term loans and equipment finance.

A Shared Vision: Signature Bank’s New ABL Group Brings a Client-Focused Approach

ABF Journal contributing editor Howard Brod Brownstein chatted with Signature Bank’s new ABL group director, Robert Love, and his team: Wendy Nelson, Robert Wallace and Marissa Bianco Wych. The group — all of whom joined from Amalgamated Bank — share in Signature Bank’s client-focused approach and bring their expertise to the bank as it marks its entry into this specialized area.

Forging Strong Growth — Sterling Merges with Provident to Expand Reach

In April 2013, Provident New York Bancorp and Sterling Bancorp announced they were to merge in a transaction valued at $344 million. As Sterling’s CFO Howard Applebaum explains to ABF Journal contributing editor Howard Brod Brownstein, the ultimate goal of the union is to expand product offerings, footprint and client base — while maintaining the high level of customer service for which both banks are known.