Stonebriar Commercial Finance (“Stonebriar”), a leading independent large-ticket commercial finance company, announced that it has closed its sixth commercial equipment asset-backed securitization (“ABS”), SCFET 2019-2, a $685 million ABS issuance with top tranches rated triple A.

Lake City Bank is pleased to announce that it has promoted Stephanie R. Leniski to Senior Vice President, Retail Banking Manager, a position in which she leads the Retail division for Lake City Bank, and joins the bank’s Management Committee. Leniski succeeds Kevin L. Deardorff, Executive Vice President, who has led the Retail Banking business since 1990.

Since 1934, Industrial Bank has played a pivotal role in the growth and economic development of the Washington, DC metropolitan area through its essential products and services, customer care and community service. Today, the Bank announced it has acquired City National Bank of New Jersey, with two branches in New Jersey and one branch in Harlem, New York.

Bank of Southern California, N.A. (OTC Pink: BCAL), a community business bank headquartered in San Diego, is pleased to announce that Troy Perry has joined the company as Managing Director of Business Banking. He will be responsible for broadening Bank of Southern California's market presence by actively seeking new business opportunities throughout Los Angeles' Westside

Wells Fargo & Company (NYSE: WFC) today announced that William M. Daley has been named Vice Chairman of Public Affairs, effective November 13, 2019. Daley will serve on the Operating Committee and will report directly to CEO Charles Scharf.

TAB Bank is pleased to announce it has provided a $3 million asset-based revolving credit facility for a commercial printing company located in Illinois. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. The company provides print, marketing, and technology services for Fortune 500 clients.

Spirit of Texas Bancshares, Inc. (NASDAQ:STXB) ("Spirit"), the holding company for Spirit of Texas Bank, completed its acquisition of Chandler Bancorp, Inc. and its subsidiary, Citizens State Bank (together, "Citizens"), on November 5, 2019. Under the terms of the definitive agreement, Spirit issued 2,100,000 shares of common stock and paid an aggregate of $17,900,000 million in cash to the sole shareholder of Chandler Bancorp.

U.S. Bank has hired technology leader Dr. Tanushree Luke to lead Artificial Intelligence (AI) efforts at the company. In this role, she will drive the continued development of the AI practice within the U.S. Bank Innovation group and AI strategies across the enterprise.

Golub Capital acted as the Administrative Agent on a $1.6 billion GOLD facility to support the refinancing of Risk Strategies, a portfolio company of Kelso & Company. GOLD financings are Golub Capital One-Loan Debt facilities. The deal represents Golub Capital’s largest unitranche loan to date.

Crossroads Financial, a leading provider of inventory financing, has recently provided a $12 million inventory revolver for the benefit of a distributor, retailer and wholesaler of interior fabrics.

Rochester Gauges, LLC (“Rochester”), a designer and manufacturer of liquid level gauges and sensors, announced today that it has acquired 100% of the capital stock of Fozmula Limited (“Fozmula”) from HB4. The acquisition of Fozmula is part of a multi-year strategy to expand Rochester’s technical portfolio and global footprint within the liquid level measurement segment.

GA Global Partners, LLC (“GA Global”), the wholesale and industrial subsidiary of Great American Group (a B. Riley Financial company), will conduct a public online auction of the assets of Venchurs Inc. on November 14, 2019. The auction will include the sale of Venchurs’ warehouse and distribution equipment, demo upfitted vehicles, as well as its remaining inventory of OEM and aftermarket automotive parts, which includes brand new tractor and backhoe attachments from agriculture machinery manufacturer, CNH Industrial (Case New Holland).

Utica Leaseco, LLC is pleased to announce the completion of two transactions totaling $2,750,000 during the November 4-8, 2019 week.

Willis Re, the reinsurance business of leading global advisory, broking and solutions company Willis Towers Watson (NASDAQ: WLTW), today announces the appointment of David Schoenrock to the new role of Executive Vice President and Head of Global Accounts for Willis Re North America, effective 23 December.

U.S. National Debt rocketed past $23 Trillion. Some elected politicians, economists and others say, "the debt doesn't matter" or "no one cares." Not true - nationwide surveys of Individual Retail Investors and Registered Financial Advisors find:1) strong concerns, 2) they are not knowledgeable, and 3) they overwhelmingly desire to learn about the debt. "Frankly, the survey findings are very troubling," said Michael Doorley, founder of U.S. Debt Forum.

With all rental units returned to AAE’s yards, Tiger Group to liquidate more than 700 aerial lift and construction fleet assets—including late-model, rental-ready equipment—on November 19th and 20th.

Air Transport Services Group, Inc. (NASDAQ:ATSG) announced today that it has extended its senior secured credit facility until November 30, 2024, expanded the facility’s revolver portion, consolidated and lowered its term loans, and reduced pricing to immediately lower interest cost.

Fairstone Financial Inc. ("Fairstone" or "the Company"), Canada's leading non-bank provider of responsible lending solutions for near-prime borrowers, announced today that it recently completed an optimization of its three-year revolving securitization facility ("Credit Facility") provided by a banking syndicate, comprised of leading Canadian and international banks.

Validis, a pioneer of financial data sharing and standardization technology, today announced that they are entering an exciting partnership with ABLSoft. ABLSoft’s flexible lending platform helps lenders save time and scale operations with intelligent workflows, reporting and alerts.

The Partnership Board at Grant Thornton LLP announced that Bradley J. Preber will serve as the firm’s CEO. The board appointed Preber to the role following a comprehensive search process, and the firm’s partners and principals ratified the selection.