Signature Bank launched a new business line with the appointment of a nine-person healthcare banking and finance team. Matthew T. Huber will lead the new business and team as senior vice president and managing group director.
StoneX Group agreed to amend its existing $401 million senior secured credit facility, extending the maturity through April 2025 and increasing the size of the facility to $475 million. Bank of America Merrill Lynch, Bank of Montreal and Capital One acted as joint lead arrangers on the credit facility
Signature Financial promoted Robert Campbell to senior vice president and managing director of operations and strategic development and Michael Ash to senior vice president and managing director of capital markets and regional originations.
Signature Financial, the specialty finance subsidiary of Signature Bank, launched two business lines: vendor industrial finance (VIF) and dealer lease and rental (DLR). Signature Financial chose Michael Mehosky to lead the VIF division and Michael Jones to lead the DLR platform.
BHI restructured its business team, appointing John Yoler head of BHI Commercial & Industrial and Gal Defes head of international C&I, high tech and investment services. In addition, Steven Caligor was appointed head of BHI’s commercial real estate division.
Signature Bank made several management appointments, promotions and transitions as Mark Sigona, senior executive vice president and chief operating officer, and Peter Quinlan, executive vice president and treasurer, will retire, effective June 30.
Signature Bank named Lisa Bond to the newly created position of senior vice president and chief corporate social impact officer, which encompasses D&I and ESG initiatives. In addition, Ana Harris was promoted to the post of senior vice president and chief human resources officer.
The New York Law Journal ranked Signature Bank the No. 1 business bank, private bank and business escrow service in its 11th annual “Best of” survey of the New York legal community.
Signature Bank appointed Judi Prejean to the post of executive director of West Coast banking operations as part of its expansion in the Los Angeles market. The bank also appointed 45 professionals across 15 private client banking teams.
Signature Bank has expanded its established Fund Banking Division and its recently formed Venture Banking Group with the appointment of several new banking professionals.