Monitor has learned from reliable industry sources that Santander Bank is planning to exit the equipment finance industry in the U.S., consistent with a similar shutdown of EFL in the UK.
JPMorgan Agents New $750MM Facility for Vishay
June 7, 2019
Vishay Intertechnology has entered into a new $750 million credit facility. JPMorgan served as administrative agent.
Société Générale Leads $2.8B+ Vessel Financing for MSC Cruises
February 8, 2019
Société Générale acted as lead mandated lead arranger on a €2.524 billion ($2.862 billion) financing package for MSC Cruises. The funds will be used to finance construction of three new vessels.
Santander Launches Specialized Banking Group Led by Vaughan Alexanderson
January 15, 2019
Emily Vaughan Alexanderson was tapped to lead a new banking group within Santander Bank’s Commercial Banking division that will focus on the needs of clients in the non-profit and educational industries, among others.
Canny Joins Santander as Retail Network Head
December 27, 2018
Santander Bank appointed Colleen Canny head of its Retail Network. Canny will oversee a network of more than 600 branches and 4,100 colleagues in an eight-state footprint.
Santander Names Goodall Exec Director, Corporate Social Responsibility
December 19, 2018
Santander Bank named Seth Goodall as executive director, Corporate Social Responsibility. In this role, Goodall will be responsible for overseeing Santander’s Community Reinvestment Act activities and general corporate stewardship.
Santander Names Harnisch Head of Commercial Banking
December 4, 2018
Santander Bank named David Harnisch head of Commercial Banking. Harnisch will succeed Robert Rubino, who recently left the bank.
BofAML Arranges $600MM Revolvers for BGC Partners, Newmark
November 30, 2018
Bank of America Merrill Lynch acted as the active lead arranger on two separate credit facilities for BGC Partners and Newmark Group, respectively. Together, the credit agreements total $600 million.
Santander Taps Aldin To Head Expanded Commercial Banking Team
October 16, 2018
Santander Bank expanded its Commercial Banking presence in the Southeast region and has named Fred Aldin market director for Southeast commercial banking to lead the expansion. Santander also named Alex Terzi head of Southeast foreign direct investment banking.
Santander Expands Commercial Banking in Midwest
September 28, 2018
Santander expanded its Commercial Banking presence in the Midwest region by naming Patrick Dunphy as its managing director and Midwest market head based in Chicago.
