US Restaurants Still on Rebound from Pandemic

According to Nick Cole, the head of restaurant and hospitality finance at Mitsubishi UFJ Financial Group, the number of U.S. restaurants has not yet rebounded to pre-pandemic levels and is still significantly lower than what it was before COVID-19.

January 5, 2023 Mitsubishi UFJ Financial Group | Nick Cole Ian Koplin

MUFG Expands Financing Platform to Hospitality Industry

Mitsubishi UFJ Financial Group (MUFG) expanded its restaurant-finance platform to cover hotel franchises with the hiring of two veteran bankers to its restaurant and hospitality finance team, which is part of MUFG’s corporate and investment banking division.

September 13, 2022 Brian Geraghty | Mitsubishi UFJ Financial Group | Nick Cole | Quinn Hall | Steven Getty | Tracy Vasquez Ian Koplin

MUFG: Restaurants Will Face Margin Contraction, Slower M&A in Q1/22

With rising commodity prices, workforce shortages and higher expenditures to attract labor, the restaurant industry will face continued margin contraction and, consequently, lower M&A volume in Q1/22, according to Mitsubishi UFJ Financial Group’s restaurant finance group.

November 11, 2021 Brian Geraghty | Mitsubishi UFJ Financial Group | Nick Cole | Quinn Hall Ian Koplin

MUFG Expands Restaurant Finance Group with New Hires

Mitsubishi UFJ Financial Group hired nine bankers for the restaurant finance group of its corporate and investment banking division, including Nick Cole and Quinn Hall as managing directors.

May 18, 2021 Brian Geraghty | Emily Sutton | Eric Schnyder | Joe Rinaldi | Luis Victorio | Matt Kochan | Mike Le | Mitsubishi UFJ Financial Group | Nick Cole | Quinn Hall | Scott Hagel | Zac Kalemba Ian Koplin

Former GE Capital Exec Joins Wells Fargo to Launch Hotel Franchise Unit

Wells Fargo has formed a Hotel Franchise Finance division and hired Scott Andrews to lead the unit. Andrews previously ran the middle market Hotel Franchise Finance division at GE Capital.

October 17, 2017 GE Capital | Nick Cole | Scott Andrews | Wells Fargo Hotel Franchise Finance ABF Journal