MUFG to Acquire Supply Chain Finance Platform from GE Capital

MUFG Union Bank will acquire supply chain finance platform Trade Payable Services from GE Capital. The deal marks the third major divestment by GE Capital over the last six months.

Mackinac Adds Restructuring Expert, Promotes Business Intel Exec

Mackinac Partners promoted business intelligence and security expert Kevin M. Cronin to senior managing director and added corporate growth, restructuring and legal executive Howard S. Lanznar as senior advisor.