Huntington Bancshares (HBAN) Completes Macquarie Equipment Finance Purchase

Go back to Huntington Bancshares (HBAN) Completes Macquarie Equipment Finance Purchase

Huntington Bancshares Finalizes Acquisition of Macquarie Equipment Finance, Inc.

April 1, 2015 7:00 AM EDT

Purchase to be accretive the first year with nearly $1 billion of commercial leases

COLUMBUS, Ohio & DETROIT--(BUSINESS WIRE)-- Huntington Bancshares Inc. (NASDAQ: HBAN; www.huntington.com) last night completed its acquisition of Michigan-based Macquarie Equipment Finance, Inc. (MEF-US) from its parent company, Sydney, Australia-based Macquarie Group Ltd. The acquisition is expected to be accretive to Huntingtons earnings in 2015.

MEF-US is the largest standalone,... More

Jeff Young Named President of Huntington Asset Services Inc.

March 31, 2015 6:00 AM EDT

Young is a 25-year veteran of financial services with the skills needed to further expand Huntingtons current capabilities

COLUMBUS, Ohio--(BUSINESS WIRE)-- Huntington has named Jeff Young president of Huntington Asset Services Inc. (HASi). Young is a proven manager with more than a quarter of a century of experience in financial services. He has had a senior leadership position in HASi for the last five years, touching every aspect of fund administration and the custody business. In his new position, he will continue to grow the organization and expand its capabilities.

... More