Aggregating industry relevant news, press releases, legislative and regulatory updates from thousands of trusted sources around the world.

Every day we send out free Email Alerts with the most important headlines of the last 24 hours (excluding slow news days).

  Reuters - U.S. business borrowing for equipment falls 7 pct in Sept - Companies signed up for $8.7 billion in new loans, leases and lines of credit last month, down from $9.4 billion a year earlier.

  People’s United posts record quarterly net income - People’s United Financial Inc. reported record quarterly net income of $90.8 million for the third quarter, compared with $73.7 million for the year-ago third quarter and $69.3 million for the second quarter of 2017.

  2017 State of the Equipment Finance Industry Report Shows $1 Trillion Sector Well-Positioned for the Future - Many Signs Point to Strong Business Confidence and Increased Investment as Key Sectors Rebound

  GATX posts sluggish Q3 results amid challenging railcar leasing market - Chicago-based global railcar lessor GATX Corp. reported a net income of $49 million for the third quarter of 2017, falling from $95.7 million for the third quarter of last year.

  ELFA Launches Hurricane Relief Hunger Project - ELFA will match up to $10,000 in donations made to the site.

  Sue Siegel Named Chief Innovation Officer for GE - Siegel has 30+ years of experience in the corporate and venture capital world as a business innovator, leader, operator, and venture capitalist.

  Foundation/PayNet release: New State of Credit Quality Study Forecasts Equipment Finance Industry Is Better Positioned to Weather Another Recession - This study points towards continued better-than-historic average performance due to the economic outlook, improved underwriting and portfolio management, and better credit quality originations booked since 2010.

  Scorpio Bulkers announces the financing of a Kamsarmax vessel in Japan - The cost of the financing is equivalent to an expected fixed interest rate of 4.24% for 10 years.

  GE vows $25 billion of asset sales after 'horrible' results - Since former CEO Jeff Immelt took the helm in September 2001, the stock is down more than 40 per cent and has posted a negative return even after reinvesting its juicy dividends.

  CVC Credit Partners appoints new MD and CLO origination global head - CVC Credit Partners announced today that Cary Ho will join the firm as the Global Head of CLO Origination and Managing Director.

  CIT Expands Sponsor Finance Division With Two Key Hires - ...today announced the appointment of Kenneth Caffrey and Michael Cavounis as managing directors of the Sponsor Finance Group.

  Blockchain could alter the way leased assets are viewed by fleets - An update to the accounting standards is designed to bring more transparency, but a bigger change awaits

  Gatx beats 3Q profit forecasts - The equipment finance company posted revenue of $359.6 million in the period.

  PNC Bank Names Brian Bucher Regional President Of Newly Created Port Cities Region - PNC's regional headquarters will be located in Jacksonville.

  CLFP Foundation Approaches 500 CLFPs - The CLFP Foundation anticipates breaking the 500-member mark prior to 2018 which is the highest it has ever been.

  ELFF - Equipment Leasing and Finance Industry Confidence Holds Firm in October - Overall, confidence in the equipment finance market is 63.7 in October, unchanged from the September index.