August 1, 2025

Americas

Loans

Senator Markey criticizes Trump’s SBA for curtailing immigrant access to business loans

US Senator Ed Markey this week sent a letter to the US Small Business Administration’s top executive, accusing the agency of playing politics and hampering immigrant access to its loans. Markey, the ranking member of the Senate committee on small business, sent the letter to Administrator Kelly Loeffler; it was cosigned by his counterpart in

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Banking

SMBC Americas Hires Nick Stevenson to Lead TMT Corporate and Investment Banking

NEW YORK, July 07, 2025–(BUSINESS WIRE)–The Sumitomo Mitsui Banking Corporation (SMBC) Americas Division today announced that Nick Stevenson has joined the bank as Group Head of technology, media, and telecommunications (TMT) corporate and investment banking (CIB) as SMBC continues to grow and diversify its Americas business. A managing director based in New York and reporting

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