The partners and staff of New York City-based accounting and advisory firm Raich Ende Malter (REM) will be joining EisnerAmper in a transaction anticipated to close in the summer of 2022. Founded in 1972, REM has 200 professionals and 45 partners/principals serving clients from offices in New York City, Long Island, New Jersey, Florida and the Cayman Islands. The firm has been ranked by leading accounting and business media as a top 25 accounting firm in New York; top 20 accounting firm in the mid-Atlantic region; and a top 100 accounting firm in the country.

The NFIB Optimism Index fell 0.1 points in May to 93.1, marking the fifth consecutive month below the 48-year average of 98. Owners expecting better business conditions over the next six months decreased four points to a net negative 54%, the lowest level recorded in the 48-year-old survey. Expectations for better business conditions have deteriorated every month since January.

Fulton Financial Corporation (NASDAQ: FULT) (“Fulton”) and Prudential Bancorp, Inc. (NASDAQ: PBIP) (“Prudential Bancorp”) today announced that Prudential Bancorp shareholders have voted to approve Fulton’s acquisition of Prudential Bancorp and its subsidiary, Prudential Bank, located in Philadelphia, with more than 98% of the votes cast being voted in favor of approving the Agreement and Plan of Merger (the “Merger Agreement”) that was previously announced on March 2, 2022.

BankProv (NASDAQ: PVBC), a future-ready commercial bank offering adaptive and technology-first banking solutions and market-leading loan structures, is expanding their Sponsor Finance team, by hiring Jean Kim as Senior Vice President. She will lead business development efforts in the New York market with existing and new partner relationships.

Percent, the platform powering the future of private markets, and Anzen, the first ever protocol for private credit protection, announced the launch of a new risk mitigation tool that offers accredited investors on Percent's platform seamless access to credit default swaps (CDS). This revolutionary new product provides a first-of-its-kind added level of protection in the case of a default or related event, potentially safeguarding investors from losses.

Amerisource Business Capital announced the closing and funding of a $1,000,000 senior credit facility for a Pennsylvania-based automotive supply distribution firm. The firm is experiencing a period of rapid growth necessitating the need for working capital financing.

Global business advisory firm EisnerAmper announced that the partners and staff of New York City-based accounting and advisory firm Raich Ende Malter & Co. LLP ("REM") will be joining EisnerAmper in a transaction anticipated to close in the summer of 2022.

William Blair, the premier global boutique with expertise in investment banking, investment management, and private wealth management, announced today that it has expanded its equity capital markets team with the addition of Derek Caracciola. Joining in New York as a managing director on the private capital markets team, Caracciola draws on a career spanning more than 15 years focused on equity, equity linked, and debt private placements.

As reported, Jefferies Finance is the administrative agent and collateral agent for the term DIP and MidCap Funding IV Trust is administrative agent and collateral agent for the ABL DIP (with Crystal Financial d/b/a SLR Credit Solutions serving in those capacities for the SISO DIP for as long as it is a lender under the SISO DIP).

Three lenders participated in the $50 million increase to the revolving credit facility agented by TD Securities: The Toronto-Dominion Bank, New York Branch, Truist Bank, and BMO Harris Bank N.A.

- IDB Bank, a New York-based private and commercial bank, announced the appointment of Daniel Roberts as its new Chief Risk Officer (CRO). In his role, Roberts will be responsible for overseeing and maintaining the Bank's capacity to identify, measure, and manage financial and operational risk. He will report to Ziv Biron, IDB Bank's President & CEO.

Mary Jane Anderson has joined the team at Loeb as Vice President of Accounting and Finance. Mary Jane has more than 20 years of experience leading accounting and finance teams and managing large loan portfolios. Mary Jane is excited to join the team at Loeb and looks forward to helping continue its long legacy as a leader in the industrial asset lifecycle space.

Huntington Bancshares Incorporated (Nasdaq: HBAN) announced today it has completed its acquisition of Capstone Partners, a leading investment banking and advisory firm, creating a full-service banking experience for clients in Huntington's expanding capital markets and commercial banking franchise.

J D Factors announced it has provided the following factoring facilities: $50,000 a transportation company in New Jersey; $100,000 to a transportation company in Ontario; $125,000 to a transportation company in North Carolina; $100,000 to a transportation company in Alberta.

TI Consulting, Inc. (NYSE: FCN) today announced the launch of the firm’s Corporate Finance & Restructuring segment in Milan with the appointment of four business transformation and restructuring senior hires, continuing its growth across Continental Europe and providing a permanent presence in Italy.

MidOcean Partners (“MidOcean”), a premier New York-based alternative asset manager specializing in middle-market private equity and alternative credit investments, announced today that the firm has bolstered its team with two senior hires. Marshall Phelps will be joining the firm as a Managing Director and Partner within MidOcean Private Equity focusing on the firm’s Business Services vertical, and Jim Henderson has joined as a Managing Director on the Investor Relations team.

TD Bank, America's Most Convenient Bank®, announced today it has appointed Robert (Rob) Curley III Regional President for its Pennsylvania/New Jersey Metro. He succeeds Michael Carbone following his retirement after 30 distinguished years at TD.

Richard ("Rich") Gold, president and chief operating officer for M&T Bank Corporation (NYSE: MTB), has announced his intention to retire, effective after the first quarter of 2023. Gold plans to remain on the Board of Directors of M&T Bank.

Cosmetics giant Revlon filed for Chapter 11 bankruptcy protection on Wednesday evening as it grappled with a cumbersome debt load and a snarled supply chain. The company said it expects to receive $575 million in debtor-in-possession financing from its existing lender base, which will help to support its day-to-day operations. PJT Partners is acting as financial advisor to Revlon, and Alvarez & Marsal is acting as restructuring advisor.

CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that Kevin Clancy, Partner and Global Director of its Restructuring and Dispute Resolution Practice, has been appointed Chair of the Nexia International Turnaround, Restructuring, Insolvency (TRI) Business Group.